Plunge day, page-10

Last 12 months has been dominated by Woodford selling down to retail buyers Comsec & CMC.

Mike never prioritised replacing Woodford with a sufficiently large cornerstone-style, small insto-style investor. They didn't need to raise the money so they didn't bother courting it.

This is what you get.

As an aside; Mike and Co previously have bought via Bells, don't be surprised to see a notice next day or 2.

It seems no-one with money (aside from new player Shaw) believes in the PASS project enough to back it on market in size. Yet.