RIP Mondrian’s ‘deep value’ department.
From memory their average started out around $11.65/sh (they went substantial literally days before the Macquarie downgrade), and then they doubled down bringing their average to 10.68/sh at 7.3% holding. They later got as high as 9.4% in late June 2022 so I assume they got the average cost price to somewhere around $9.00/sh.
Quite amazing they’ve waited until now to sell it at a ~$2.50 handle, they had invested over $100M of client funds into this thing. I wonder if someone has lost their job over this. Shocker.
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90.8¢

Ann: Change in substantial holding, page-2
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Last
90.8¢ |
Change
-0.048(4.97%) |
Mkt cap ! $239.0M |
Open | High | Low | Value | Volume |
95.0¢ | 95.5¢ | 89.0¢ | $8.389M | 9.169M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 138537 | 90.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
91.0¢ | 103170 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 110371 | 0.905 |
33 | 478525 | 0.900 |
16 | 144052 | 0.895 |
51 | 269424 | 0.890 |
10 | 179352 | 0.885 |
Price($) | Vol. | No. |
---|---|---|
0.910 | 100505 | 20 |
0.915 | 127163 | 8 |
0.920 | 116755 | 9 |
0.925 | 116245 | 7 |
0.930 | 107958 | 6 |
Last trade - 15.42pm 31/07/2025 (20 minute delay) ? |
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APX (ASX) Chart |