Institutional investors selling down is never positive news. If they were extremely bullish on a stock, you'd think they'd hold at any cost right? That being said, institutional investors sometimes have to rebalance their portfolios or lock in profit like the rest of us. Additionally, I’ve seen a myriad of other reasons for management selling: to cover a tax bill, divorce and maybe cause they've just bought that new Bondi apartment. So in summary, it's never positive news, but sometimes it can be just neutral/irrelevant news.
Tyro - Business feedback, page-34
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Last
90.0¢ |
Change
-0.020(2.17%) |
Mkt cap ! $472.1M | |||
| Open | High | Low | Value | Volume |
| 90.5¢ | 91.0¢ | 88.3¢ | $1.580M | 1.758M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 20871 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 35597 | 20 |
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| Last trade - 11.02am 05/08/2024 (20 minute delay) ? |
| TYR (ASX) Chart |