To play devil's advocate... what if the holder is wealthy, but not sophisticated or well-experienced at trading? Likely fits the profile of the large sale, and also fits the profile of holding out as long as possible in order to get a higher price. As you pointed out, settlement dates are known, so perhaps yesterday was cut-off and this person had to pull the trigger?
Only red flag is the timing, just in time to quell the mini-fire that was sparking under the SP.
So many variables it's impossible to know, but i trust blueberry bill in the comments he has made in public forums.
PLS - August charts, page-223
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Last
$3.16 |
Change
-0.030(0.94%) |
Mkt cap ! $9.516B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.19 | $3.06 | $50.14M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49357 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 74794 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |