FFX 0.00% 20.0¢ firefinch limited

Still Buying, page-38

  1. 1,847 Posts.
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    The first change in substantial holding notice details the individual day's trades and is noted in USD.

    With the ceasing to be a substantial holder, the last trade is in AUD with a perfectly round number being 6.2c for each share.

    There's no way this occurred on-market for 10% of the capital of the company in a single day. Even over the course of any amount of days during the month of March this couldn't have occurred.

    No doubt they sold ~6mil shares on-market over the month of Feb but it looks like the lion's share (13.9mil) went to trades off-market. Like the one for the lucky WW.

    Anyway, I guess it didn't go to any one person/company as there would have been a notice by now.
 
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