IMM 3.51% 27.5¢ immutep limited

Seems like this is just Fidelity selling down based on capital...

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  1. 169 Posts.
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    Seems like this is just Fidelity selling down based on capital outflows from their fund. This is just normal selling pro-rated across their portfolio they would do as the market sells down their fund, it just ends up for us they cease to be a major shareholder.

    see: https://www.morningstar.com.au/investments/security/fund/12292/performance

    Significant negative investing flows (ie people cashing out).

    Haven't run the numbers but suspect they haven't changed their relative exposure.
    Still expecting a significant inflection point soon. Hoping it's before the nd of this FY, as have some tax headroom this FY!

    Happy weekend all.

    Cheers - YS

 
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