Who is responsible for the consistent distribution on this stock?
I'm assuming it's none of the HC retail faithful.
Volume has been quite high, so one of the bigger holders must be shedding. 50% of shares are owned by the top 20 shareholders. The only discrepancy I can see is that Abbotsleigh Pty currently has 26m shares according to one source (which is IG's investment company) and IG was the indirect owner of 34.7m shares in early June (according to another).
Absolute speculation, as his other shares could well be owned outside of that one vehicle (smsf for example) - but someone big is going to cash.....unless it is retail throwing in the towel.
Who is responsible for the consistent distribution on this...
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Last
48.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $88.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 48.0¢ | $54.43K | 112.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1460 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 11547 | 5 |
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| Last trade - 11.28am 19/08/2024 (20 minute delay) ? |
| ASM (ASX) Chart |