This seller has been very patient, selling 6 to 7 million shares every 6 months. Over the last 18 months, it has reduced its shareholding from over 9% to now only 6%. This is the reason why whenever there is a rise in the share price it is always met with a flood of sellers. I think share price won’t rise until this seller finishes selling. Could be another 6 months. Change from buy to hold.
Ann: Change in substantial holding, page-2
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Last
$2.86 |
Change
0.000(0.00%) |
Mkt cap ! $1.918B | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.91 | $2.83 | $6.703M | 2.336M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 39067 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 20508 | 4 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| IFL (ASX) Chart |