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.
- Forums
- ASX - By Stock
- LNK
- Ann: Becoming a substantial holder
Ann: Becoming a substantial holder, page-24
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)