During the period 29 June to 4 July, just after a positive announcement for EXT, there was heavy selling about half of which was identified as being from the holdings of BB, now number 14 in the last Top Holders list. During the trading days there were frequent and large trades going through. The good news was that the buyers were also out in force. Once the selling dried up the share price rebounded promptly, as you would expect.
During the last week, again after another positive announcement, much the same thing has happened. Once again buyers have been quite willing to keep the share price up. Today the volume has really dried up; looks like the selling has stopped (for now).
BB had ~840k of shares left in the last Top Holders list. I wonder if these have been sold off in the last week? A new TH report should be out soon, so I guess we'll see then.
EXT Price at posting:
$7.65 Sentiment: Buy Disclosure: Held
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