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13/05/15
21:07
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Originally posted by webral
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Broker data shows Wilson HTM sold the remaining 69m on Friday for Liongold, the largest buyer on the day was RBS Morgans purchasing 41m.
Going back to Wednesday, the 167m crossing was through Australian Investment Exchange (Westpac and a some smaller brokers) with the remaining 28m through Euroz to make up the Moly sale.
Who knows why Liongold switched from Ord Minnett to Wilson Htm, could be to hide trail or something else as mentioned by Sector Lead. With no new becoming sub holder notice, it's likely the large 167m crossing went to a group each holding less than 57m or 5%, unless they're late releasing it.
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Good to hear Lion Gold is out but I was expecting all that 30% go to a single buyer