Oscar we have discussed this a few times.... it may have been when you got the lemon and sarse for a few days.
1) Personally i do not think they have STOPPED selling.
2) As i have indicated in my pithy postings over time ; Wellingon have averaged 'in' price is more than they are selling at.... so either they think it is a dud and are bailing based on that fact and that they have taken advantage of FUNDS needing exposure to KAR due to KAR being both and ASX and S & P Top 200 stock..
As you rightly elude to - why sell within weeks of results - it is either above OR REDEMPTIONS FROM THEIR FUNDS IN THE US meaning they have to liquidate ASSETS and in this market KAR is very LIQUID Oscar...
Now i will ask you to re read the musings on here before the ? is posed again as we have really covered this so many times.
SWAN IS BUSY COUNTING HIS CASH from the GA$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
wellington stop selling?, page-2
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Last
$1.72 |
Change
-0.070(3.92%) |
Mkt cap ! $1.376B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.77 | $1.71 | $15.32M | 8.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 79609 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 78082 | 3 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$1.72 |
Change
-0.070 ( 4.18 %) |
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| Open | High | Low | Volume | ||
| $1.73 | $1.77 | $1.71 | 2425046 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| KAR (ASX) Chart |