Given another million shares were sold a day after the cliffs announcement it would indicate that cliffs has not stop selling at 5% and will probably keep selling until they are completely out of GWR.
Cliffs only hold 12 million shares now - so my guess is that they will take a couple of months to sell the remaining shares before the end of the financial year.
So good buying now until July - and after then hopefully the price will appreciate - everything else held constant!
Ann: Change in substantial holding , page-3
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Last
7.7¢ |
Change
-0.002(2.53%) |
Mkt cap ! $24.73M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 7.7¢ | 7.6¢ | $15.85K | 208.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 138000 | 7.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 200000 | 1 |
View Market Depth
| Last trade - 13.09pm 26/07/2024 (20 minute delay) ? |
| GWR (ASX) Chart |