But aren't block trades usually utilised so as to avoid moving...

  1. 2,638 Posts.
    lightbulb Created with Sketch. 1909
    But aren't block trades usually utilised so as to avoid moving the market price too much? I mean they didn't adversely affect the price too much either did they?

    I mean a year ago, Gary was pleased that Platinum owned 19% of SNT (about 230m shares). A year later they own 191m shares. In a year they've sold down about 40m shares (about 17% of their holding), probably for a decent profit, and still hold 12% of SNT. Is that all that bad?
    Last edited by Grainofsand: 24/04/25
 
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(20min delay)
Last
5.6¢
Change
-0.011(16.4%)
Mkt cap ! $89.35M
Open High Low Value Volume
6.7¢ 6.7¢ 5.5¢ $536.5K 9.069M

Buyers (Bids)

No. Vol. Price($)
5 204302 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 1849 2
View Market Depth
Last trade - 15.49pm 16/06/2025 (20 minute delay) ?
SNT (ASX) Chart
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