Be interested to see the market reaction to this selling as reported in AFR this weekend. It's no big deal to me and completely understandable. He still holds 30% and is "balls deep" still in this company.
Assuming he has sold to a major institution fund - this makes good sense.
Some Traders and small retailers will sell - not me as this is heading higher imo as we approach the full year in a few months - just like it has after his last three sales of shares.
Founder selling shares to bring his weighting back to 30%
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Last
$2.43 |
Change
-0.190(7.25%) |
Mkt cap ! $926.4M | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.61 | $2.42 | $8.264M | 3.291M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 49618 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 2727 | 1 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$2.42 |
Change
-0.190 ( 8.31 %) |
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| Open | High | Low | Volume | ||
| $2.61 | $2.61 | $2.42 | 767165 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| CTT (ASX) Chart |