IFL 1.59% $3.09 insignia financial ltd

This seller has been very patient, selling 6 to 7 million shares...

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  1. 405 Posts.
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    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.
 
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