So Quixote have sold their their 13.13% stake - who to? Dolby increased their stake by roughly 6% and Myer by 1%. No substantial shareholder statement for the remaining 6% - so either there was been a failure to disclose or it was placed in parcels less than 5%.
Given Quixote's holding was significant enough to justify a board place I would have expected a statement by CGS as baseline.
Positive or negative for the shareprice? ... volumes on markets always seem to increase prior to good/bad news.. prob sour grapes on my behalf. Small caps are a long term play, but lack of transparency has me miffed.
Ann: Ceasing to be a substantial holder, page-2
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Last
$1.05 |
Change
-0.050(4.55%) |
Mkt cap ! $179.3M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.09 | $1.03 | $446.7K | 418.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 6356 | 1 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| CGS (ASX) Chart |