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
Seems like this is just Fidelity selling down based on capital...
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Last
42.5¢ |
Change
0.015(3.66%) |
Mkt cap ! $505.2M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 44.0¢ | 39.5¢ | $3.455M | 8.357M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 81510 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
43.0¢ |
Change
0.015 ( 4.44 %) |
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| Open | High | Low | Volume | ||
| 40.5¢ | 43.8¢ | 39.5¢ | 1912918 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| IMM (ASX) Chart |