"PAL believes that some (but not all) of the recent trading in its securities may be as a result of a shareholder seeking to realise its investment following a change in portfolio manager. PAL notes that, given the generally small number of shares traded, any sale by a shareholder of a sizeable parcel of shares can have a material impact on the price at which shares trade"
It's one year since Jarrod (ex-ex CEO) left, maybe he's selling at the moment.
PAL Price at posting:
28.0¢ Sentiment: None Disclosure: Held