HH will sell their entire holding IMO.
I was introduced to this stock by the Macquarie smaller companies fund analyst that had a substantial position.
I would say that the company has significantly failed to deliver on what they were promising to do...and they have had almost 3 years to deliver on those objectives.
Fundies simply are not long term investors and mostly turn over their portfolio each year.
I have grave concerns about the CBD business model and think the insto holders are stuck there due to lack of liquidity. This will continue to put pressure the SP.
Kiril
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