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Analysis of First State Super trades in December (from ASX...

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  1. 110 Posts.
    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
 
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