FMG 1.67% $19.49 fortescue ltd

Question should be asked as to why they were dumped onto the...

  1. 5,696 Posts.
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    Question should be asked as to why they were dumped onto the market as a whole at such a discount? The same end result at a much higher average price to the seller could have been obtained by selling on market by drip feeding using a broker and a bot. It therefore wouldn't have had the effect of a massive gap down and whilst the sp might have drifted down to the current levels it would have been done in an orderly way. Whoever this crowd is who sold have done it in the most disruptive way possible. Why hasn't the ASX asked questions about the way it was done?
 
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$19.06 $19.51 $18.92 $114.2M 5.891M

Buyers (Bids)

No. Vol. Price($)
1 1000 $19.48
 

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Price($) Vol. No.
$19.50 5200 4
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
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