Correct they have already clawed back 13% off retail....its a shame people keep falling for it. I wonder what their ideal "retail holding" target is for successful company's. I am betting it is around 10-20% would be acceptable in their eyes. That's just a guess...I note for example a quick search shows FMG are 32% retail owned (we are still 43%)
So another circa 10% of retail to capitulate to the BEOT and then the narrative changes perhaps ?
Good News & Bad News, page-36130
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$3.18 |
Change
0.080(2.58%) |
Mkt cap ! $9.561B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 25 | 103528 | $3.17 |
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|---|---|---|
| $3.18 | 109910 | 14 |
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