Not a holder, but I do like the sector. Just noticed this worrying sign reported in the AFR:
On August 7 and August 10, UK-based fund manager M&G Investments filed regulatory disclosures revealing it sold its stake down from 11.26 per cent to 9.86 per cent between May 22 and August 6.
If the insto holders are bailing "before" this kind of major announcement, it's a potential red flag.
Edit: best of luck holders. I almost bought some myself last week.
MSB Trading - Aug 2020 on, page-1092
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Last
99.0¢ |
Change
0.030(3.13%) |
Mkt cap ! $1.130B | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | $1.03 | 96.5¢ | $4.704M | 4.708M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 87395 | 98.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 274051 | 2 |
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| MSB (ASX) Chart |