Analysis of First State Super trades in December (from ASX Announcement).
Was this typical of an Institution selling off Index Fund stocks too quickly?
2 million of 172 million = more than 1% of the company.
1.665 million in the week before Christmas.
I reckon they sold too cheap and artificially depressed the price.
Column 1
Column 2
Column 3
Column 4
0
FSS Sales BKN from Announcement
1
Shares
$
Av Price
2
4-Dec
28,733
14,979
0.52
3
7-Dec
24,028
12,457
0.52
4
8-Dec
289,050
139,771
0.48
5
10-Dec
11,910
6,242
0.52
6
11-Dec
20
10
0.50
7
15-Dec
535,346
242,334
0.45
8
17-Dec
200,141
95,958
0.48
9
21-Dec
609,110
274,324
0.45
10
22-Dec
320,626
141,644
0.44
11
Total
2,018,964
927,719
0.46
BKN Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held
