I was responding to a previous poster who claimed that there was zero chance of either the two super funds selling any shares and that's just not true.
I do agree that its more likely they will not sell any shares for a while but it is still a possibility so for posters to mislead people by saying it will 100% not happen is misleading.
If they do start selling Aust Super will have to disclose it on the change in substantial holding notice as they will hold more than 5%.
If that notice does come out the shorts will smash the stock knowing a major holder is selling down and that's the short term risk with the share price at current levels.
Good News & Bad News, page-9185
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Last
$2.87 |
Change
-0.010(0.35%) |
Mkt cap ! $8.642B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.94 | $2.83 | $58.15M | 20.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 137974 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 2100 | 2 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |