First Samuel held 52.6m shares in their Managed Discretionary...

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    First Samuel held 52.6m shares in their Managed Discretionary Account. Took them 5 months to off load 1m.

    You'd have to question why they did it but according to their MDA blurb https://www.firstsamuel.com.au/getting-your-investments-in-order/, they either consider ELE expensive on an individual stock basis or a dud.

    1m hardly makes a dint in their holding and they are now sub 5% with 51m shares and no reporting obligations. It seems likely they will continue to reduce.


 
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