Hi All - I am having difficulty getting my head around what Sabby are doing. If we assume that Merrill Lynch Nominees are holding for Sabby then they have sold down their holdings from 10.5m shares to approx. 7.6m shares as at 4 April. The share price has declined from around .71c when they purchased to a low of .41c and closed at .45c yesterday. How will they recoup their losses? Just as an aside I note that they have not lodged any notice with ASX in relation to the change in their holdings. I am happy to accumulate at these prices so from my point of view they can sell as many as they like.
Cardiocel Revenue and Company Growth, page-130
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Last
$18.00 |
Change
0.035(0.19%) |
Mkt cap ! $346.0M | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.00 | $17.65 | $75.19K | 4.184K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 414 | $17.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.10 | 1000 | 1 |
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| AVR (ASX) Chart |