I'm not so sure, from what I hear, Perennial's small cap funds are in strong inflow. Perennial is very much independent of IOOF and has been for years. I wouldn't be surprised if IOOF sold its stake given it's recent divestment of Ord Minnett.
It would be interesting to see if Perennial keeps selling from here. There was a time gap in the sales and the magnitude doesn't suggest a dumping. Maybe they just found better relative value for the time being.
I'm not so sure, from what I hear, Perennial's small cap funds...
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Last
40.5¢ |
Change
-0.025(5.81%) |
Mkt cap ! $367.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 40.5¢ | $932.9K | 2.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 224951 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 26587 | 4 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |