Not quite right pencilin.....
Acorn have sold just under 2 mil of the approx 62 mil shares that they hold.....i.e. a relatively small amount of their total holdings.
It takes them under the 5% required to be 'substantial holder', hence the notice, but they are still a significant holder.
They have been selling down since the start of the year. I am happy to see them remain on the register as it means they still see growth for HZN. Acorn are primarily motivated by picking growth stories.
I suspect they have sim[ply been re-jigging the portfolio.
Are you sure they have been shorting HZN, or are you speculating?
Ann: Ceasing to be a substantial holder , page-3
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $300.2M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $248.8K | 1.348M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 810592 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 204985 | 7 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |