That's likely a reasonable assumption.
I also noted that the fund has a mandated market cap limit of $500m. If things go for EGR the way I expect they will MUFG will need to sell 100% of their holding (or transfer to a sister fund) or adjust their mandate.
Ann: Trading Halt, page-362
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $45.40M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.9¢ | $214.2K | 2.114M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 29999 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |