KAR 7.19% $1.57 karoon energy ltd

wellington group sell down, page-7

  1. 296 Posts.
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    This has been the trading strategy of these guys for yonks. They sell down as it begins to fall (in effect short sell) but buy back at the bottom & ride it back up again, thus making a trading profit plus maintaining or increasing their longer term investment holding. The notices are always several days after the event, normally when things are at their worst. Don"t worry, they ain't going nowhere.
 
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