I do not understand the over-attention by HC contributors on Babidge's sale, so much so that there has been no/little comment on the other announcement that day viz. Harbour Asset Management's sale of 1,819k, and at what appears to be NZ$3.77 per share.
Directors can simply vote themselves more shares; theirs is a potentially bottomless pit for looking after themselves. So Babidge's 'remainder' is hardly of note.
What the institutions do should merit some comment from you. What does that say about your hopes of a T/o? Is Harbour losing interest in A2M (surely not)? Is it simply taking part profits - but that would surely make a mockery of some of your views as to it being harder for others to get back in lower down? Did Harbour pick the top, or make the top?
If both Directors and institutions are taking profits, what does it say about next Monday?
I do not understand the over-attention by HC contributors on...
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Last
$5.40 |
Change
-0.060(1.10%) |
Mkt cap ! $3.909B | |||
| Open | High | Low | Value | Volume |
| $5.45 | $5.45 | $5.32 | $21.75M | 4.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 186 | $5.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.41 | 17905 | 3 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |