One thought I can offer is that SUN may have bought shares on market to fill it's executive share plan. These bonus shares would be for the top guys (a few $M) and at least 100 or more lower level executive types who would be granted varying numbers of shares under the plan as bonuses. Also, I think all staff get a parcel of shares allocated and there are 9,000 odd.
This would add up to a big chunk of shares and the timing would be right. (ie, just after the Annual General Meeting on Monday which approved the remuneration programme.)
Just a thought. As they say DYOR.
Cheers....
can exp trader pls explain this to me, page-7
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Last
$17.91 |
Change
-0.150(0.83%) |
Mkt cap ! $22.78B | |||
| Open | High | Low | Value | Volume |
| $17.89 | $18.04 | $17.81 | $95.54M | 5.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19394 | $17.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.91 | 31263 | 2 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| SUN (ASX) Chart |