Should see a little more selling in the next 24 hours.
Shares allotted by the registry on the morning of the 2nd. Retail brokers updated either the same day or next (Commsec, Etrade, Westpac etc).
Third party providers would have put them up one day after allottment (they work on a chess +1 basis for most corporate action updating). These then flow overnight to the underlying advisor groups so they will have them on their accounts this morning.
Doubt any insitutions will have participated, doing a $15k purchase is not worth the hassle to fund managers, but they will look to enter after allotment as weakness can occur as traders exit. Most SPP have placements and they will be in that if they are interested (no placement here)
The above is just what i've seen happen, it does not mean it will happen here.
BKW Price at posting:
$12.41 Sentiment: None Disclosure: Held
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