Brokers are selling because their some of their clients want them to, cause their clients can make 10-20% stag profit doing it...and some of them do it all year...and make alot of money in the process.
And the other professionals sit back and let all of this wash through (as they can see the trades on IRESS etc.) before they start buying...
Happens all the time with placements, not much you can do about it and you can't hold YOW responsible...they don't have total control over who picks up placement stock...and are hardly going to do a ring around and ask they why they are selling...
They do have control over the business so that is what they will be focusing on.
Buy YOW, page-69
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