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....
One thought I can offer is that SUN may have bought shares on...
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Last
$16.80 |
Change
-0.020(0.12%) |
Mkt cap ! $21.37B | |||
| Open | High | Low | Value | Volume |
| $16.67 | $16.90 | $16.63 | $44.68M | 2.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46574 | $16.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.83 | 69112 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SUN (ASX) Chart |