PB, my guess and this is only a guess. Welling on the 30th made an annoucment that they increased their shareholding by 1.9m shares and paid between 5-6 per share for them.
Yesterday there was around 2m shares trade in total so if wellington were dumping they may have sold a portion of their 1.8m shares they bought in March.
this could just be Wellington taking some short term profits (3.6m) before any results are known.
The rest of the fall may just have been the other squirrells dropping their nuts.
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Last
$1.63 |
Change
-0.025(1.51%) |
Mkt cap ! $1.306B | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.66 | $1.62 | $4.245M | 2.592M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 46703 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 132818 | 80 |
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| Last trade - 13.52pm 20/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |