Considering PEXA has never paid a dividend means that any future dividends from LINK would be unaffected by the sale of its PEXA holding.
What I think will be affected is the PEXA share price once all that liquidity in PEXA becomes available for sale by LINK shareholders.
Since LINK offloaded 10% of their holding in a block trade for $13.50 the volumes have increased, and the share price has dropped dramatically, so what do you think the outcome will be with 38% dump to smaller holders.
LINK should have block traded the whole lot for $13.50 and just given the cash back to holders.
LNK Price at posting:
$2.00 Sentiment: None Disclosure: Not Held
