It was a P1XT that 5.2m odd crossing after close.
The asx Code of P1XT means:
“A Put-Through Special Crossing is a type of Block Special Crossing and is used to identify that securities have been transferred from one fund to another on the instruction of a single fund manager. These trades are typically ‘put-through’ the market for a fund manager’s own internal compliance and administration purposes.”
So could be a fund changing stock held in one fund to transfer into another vehicle they have to either balance out winners v losers or balance funds so they can show certain things to clients. I don’t agree with it but hey, they do it! It is May now so some front running is happening, maybe they think there could be a rise coming so put it into a product that needs help in the coming next 2 months
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It was a P1XT that 5.2m odd crossing after close. The asx Code...
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