I haven't done the math but they've sold about 90% of their holding.
They also 'hold' approx 5% via a derivative (a total return swap). If Bell also unwind the derivative then whoever is the underlying owner may choose to also sell their position, especially if their original purpose for buying the shares was to do the derivative with Bell Rock and not to otherwise be exposed to WHC shares.
So potentially another 5% to go.
I haven't done the math but they've sold about 90% of their...
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Last
$7.65 |
Change
0.020(0.26%) |
Mkt cap ! $6.399B | |||
| Open | High | Low | Value | Volume |
| $7.69 | $7.71 | $7.64 | $24.66M | 3.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 22151 | $7.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.66 | 12306 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WHC (ASX) Chart |