Fund managers will usually sell down (mainly) based on their mandates. For example super funds will have investment mandates that disctate the $ value held in various categories. This also drills down into companies and usually they need to have a AAA rating. There is a lot more to the monies held by instos than just the 5%
Having said that, I'm eagerly awaiting the full year results which should be a ripper
Fund managers will usually sell down (mainly) based on their...
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Last
$6.77 |
Change
0.190(2.89%) |
Mkt cap ! $4.894B | |||
| Open | High | Low | Value | Volume |
| $6.64 | $6.80 | $6.62 | $8.993M | 1.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5191 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.82 | 2584 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |