LNG 0.00% 4.3¢ liquefied natural gas limited

Ann: Change in substantial holding-LNG.AX, page-4

  1. 6,296 Posts.
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    so, they were BUYING from the 11th of Aug -> 31st Dec 2015. In which time the SP went from about $3 to 75c. they bought 5,043,698 and paid an average price of $1.45

    then they SOLD between 12th Feb -> 11th of March 2016. At that time the shareprice was between 50-60c, they sold 9,979,000 shares at an average price of 59c.

    so they made a $4.3m trading loss, plus disposed of a further 4.9m shares (presumably also at a loss)

    there seems to be 10 different subsiduaries with joint ownership of the shares, so the announcement is very confusing to read...
 
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