yeaa im not sure this is a good thing. Hah plenty of notices when price was on decline like this showing that instos ownership is terrible. Yet to see proof actually good.
See they only have to report that cracked 5%. It doesnt seem like they have to report any more buys above that, or any sell actions that dont bring them below the 5% threshold.
For example they could buy up more than 10% then use that to dump to their 5% holding, which could impact the SP and we would be none the wiser.
Correct me if im wrong here.
Ann: Becoming a substantial holder, page-5
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Last
$7.01 |
Change
0.290(4.32%) |
Mkt cap ! $5.067B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $7.12 | $6.81 | $26.19M | 3.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 28521 | 7 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |