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Anyone got a take on Orbis' sell down? This could be mere...

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  1. 129 Posts.
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    Anyone got a take on Orbis' sell down? This could be mere rebalancing as the firm got in real early on this one and probably made 10 fold their money; hence a 0.5% portfolio holding would've grown to a 5% holding triggering a need to sell down to rebalance their portfolio. Also noticed that David Paradice has become substantial with a 6+% foot print on the share register, some of which must've been bought from Orbis. David is a very respected investor in the local market, which would give some additional weight to a portfolio rebalance rationale for Orbis' sell down. Keen to hear other views.
 
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Last
5.3¢
Change
0.000(0.00%)
Mkt cap ! $15.40M
Open High Low Value Volume
5.3¢ 5.3¢ 5.3¢ $20.51K 387.0K

Buyers (Bids)

No. Vol. Price($)
1 10000 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 1974 1
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Last trade - 15.41pm 31/10/2024 (20 minute delay) ?
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