My assumption:
Nobody will offload that stake for no premium right now.
So it was swapping between hands. A bank/fund etc sending them to a different subsidiary, who is better positioned to benefit from a takeover. Eg. if one is better set up to realise a capital gain, or hold stock in the potential acquiring companies.
So just a big holder getting better prepared, since they see a takeover as possible/likely.
My assumption:Nobody will offload that stake for no premium...
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 (20min delay)
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Last
77.5¢ |
Change
-0.035(4.32%) |
Mkt cap ! $1.144B | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 82.5¢ | 77.5¢ | $21.41M | 26.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 448794 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 44354 | 5 |
View Market Depth
| Last trade - 16.11pm 01/08/2025 (20 minute delay) ? |
| BGL (ASX) Chart |