Well,
That was quite blunt and brutal. I guess the seller has been in the market for quite a while dribbling stock out and then decided to go. A little surprised that they hit the bid without a crossing done but pleased to see the immediate bounce.
I also believe it was Emichrome ( stock obtained via FMG distribution yonks ago) - obviously made his buck.
I wouldnt be surprised if management knew about it as I would assume they would have been keeping an eye on the share register for a while.
Any way what this kinda means is one less shareholder who has been sitting on a good profit selling out to those who bought expecting to make another profit . This is how the market works
oh and thanks cos i bought more today
have fun
sell down
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Last
$13.20 |
Change
-0.800(5.71%) |
Mkt cap ! $279.0M | |||
| Open | High | Low | Value | Volume |
| $14.00 | $14.00 | $13.11 | $947.2K | 71.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $13.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.35 | 300 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| AVR (ASX) Chart |