It seems the biggest movement between 12th April and 9th July this year has been ESOP Management dumping around 6M shares, which is interesting considering they bought almost 18M between 29 March 2017 and 12th April 2018. As at 9th July they still had 11.6M available to sell so they could well be the culprit continually reloading the sell side @40. If they're bailing out altogether they could still have around 4-5 million to go before we get a reprieve. Shouldn't take too long if the strong buying of the last few days continues.
UBS has also dropped off the Top 20 list between 12th April and 9th July this year offloading at least 2M, so can't have much more than 1.5 left to sell if any.
JP Morgan Nominees have increased their holding by about 2M which is probably on behalf of RL.
FLC Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held
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