They’d held a long time. Parsons bought more at 76c, and I think this is first sell down since, about 29%. Considering he no longer runs it, just a non-exec, I have no problem with him realising some cash out of what would be his largest investment holding I guess.
I think the retail investors who sold out on the open just made the day of shorters closing their shorts, and all the sophisticated investors who missed out on the placement, and could buy it even cheaper. It was a poor day generally for gold miners, it’s a Friday, next week will be interesting to see how it progresses.
They’d held a long time. Parsons bought more at 76c, and I think...
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Last
$1.30 |
Change
0.005(0.39%) |
Mkt cap ! $1.657B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.30 | $1.25 | $9.627M | 7.524M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 158111 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BGL (ASX) Chart |