stockland's price - $1.50

Today's announcement makes it pretty clear what Stockland want to exit at. Almost all the trades were done at or around $1.50 a share.

My understanding is that they can only sell 2% each calendar month so have basically already used up their October allocation with the last two sales.

Will be interesting to see what happens to the share price. Will it revert to the $1.50 price that Stockland is looking to exit at...or keep rallying for the rest of the month now that Stockland can't sell until November.