Actually they have been selling small parcels, but when they get under the 5% holding, they can then sell huge parcely without notifying market:
Idea being they can now go under the radar and sell of their holdings without having to notify anyone as they are not a substantial holder.
Ann: Ceasing to be a substantial holder, page-11
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.00M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $19.57K | 2.879M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 13964080 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 8205228 | 16 |
View Market Depth
| Last trade - 15.52pm 04/11/2024 (20 minute delay) ? |
| ADN (ASX) Chart |