I have checked the Wellington Share Sales over the last 3 weeks in relation to the total volume traded.
It would appear to me that they did NOT have any knowledge of the Well results, simply looks like a sell down to re-weight their holdings.
On the days they sold big volumes they were only 20% of the daly volume. This is not generally enough to move a market in any direction. I also expect based on this pattern they will continue to sell down regardless of any ann over the next 2 Days.
is kar in pre open, page-33
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Last
$1.46 |
Change
-0.065(4.26%) |
Mkt cap ! $1.160B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.52 | $1.45 | $15.96M | 10.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 119063 | 3 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |