CSL 1.13% $298.22 csl limited

A poor day's trade for CSL shares has been compounded by a large...

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    A poor day's trade for CSL shares has been compounded by a large sale by one of its biggest shareholders. 

    It is understood one selling shareholder was behind two lines of shares, together worth $266 million, that crossed in early Tuesday afternoon trade. 

    The lines included one giant parcel of 1.43 million shares, worth $250 million, and a smaller line of 93,000 shares. 

    Both lines traded at $175.50 a share via UBS's institutional equities desk, led by George Kanaan, investor sources said. 


    The trades were made at a 3.7 per cent discount to CSL's last close, and at a time when the shares were down about 3 per cent for the day. 

    For @Tinwins.


    Last edited by peejay2: 21/11/18
 
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