Massive, massive food for thought for any CUV shorters out there. Capital Research and Management has just (over the last few months) added 1.1m shares to their holding. According to Morningstar, this now makes them the biggest active institutional holder in CUV by far, above even the index fund shares held by Vanguard.
https://www.morningstar.com/stocks/xber/ur9/ownership
Capital is a deep research driven long term high conviction holder. They are a very serious, very well respected investment house, truly one of the best around. 941,000 shares are now in their 5 star rated Smallcap World A fund. It's a bit obvious to say, but if Capital did not believe CUV shares had a very attractive outlook, they'd steer well clear.
Being a CUV holder has long felt a little odd due to the fact that institutions do not feature high up the list of holders. To have these guys jump to the top of the institutional holders list is a real validation of the strategy, operations, outlook, and management of CUV.
News: CUV UPDATE 1-U.S. FDA approves Clinuvel Pharma's rare genetic disorder treatment, page-120
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Last
$13.90 |
Change
-0.200(1.42%) |
Mkt cap ! $695.8M | |||
| Open | High | Low | Value | Volume |
| $14.08 | $14.12 | $13.86 | $1.006M | 72.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 210 | $13.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.94 | 576 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CUV (ASX) Chart |