"Perhaps it has something to do with potential deals around Eclipx's Right2Drive which, as Street Talk has formerly reported, is in the sights of Sydney-based Quadrant Private Equity. The question is whether the Quadrant relationship is with Eclipx or its suitor"
They seems selling Right2Drive which bought for $67m.
Last Wednesday's ASX volume (29M), around 24m were from institution sells, surprisingly institutions also bought around 18m. Usually would be majority volume were from retail, but ECX was not. That's a good sign, imo.
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