It's impossible to know the rationale for such a trade. My guess it is the same ultimate owner transferring from one entity it owns to another entity that it owns to minimise tax. Fairly common procedure at this time of the year. But my guess could be way off the mark.
Ann: Change of Director's Interest Notice - Todd Williams, page-38
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $44.85M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $1.346K | 8.566K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 64999 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 70594 | 1 |
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| Last trade - 10.58am 04/07/2024 (20 minute delay) ? |
| USL (ASX) Chart |