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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0.9¢ |
Change
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Mkt cap ! $27.99M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 0.9¢ | $564.0K | 60.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3996555 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 25407916 | 18 |
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| ADN (ASX) Chart |