CGC 0.00% $3.19 costa group holdings limited

Block Trade, page-2

  1. 22 Posts.
    And another 5% block sold after market yesterday (this time by the Costa family and, once again, for $6.55):

    http://www.copyright link/street-talk/costa-family-sells-down-in-ubs-trade-20171120-gzp8re

    The Australian reports that the reason for the sale was the death earlier this year of Anthony Costa.

    I think the point remains that the fact that there are institutional shareholders ready to pick up significant blocks at that price is good news - but, equally, the fact that the original investors and family owners are selling down will probably weigh on sentiment for a while.
 
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