Yes, saw that (they sold down to 5.22%). I think they tend to be medium-term investors. They will not hesitate to take capital gains when they feel the time is right. This, together with their short selling, can be disruptive to the SP. I would rather they weren't on the share register, but that is just my opinion.
If the company does well, it shouldn't matter too much what a 5% shareholder does.
Why The Big Drop Today?, page-36
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Last
$1.08 |
Change
-0.020(1.82%) |
Mkt cap ! $67.24M | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.10 | $1.08 | $289.7K | 267.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12300 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 47919 | 4 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| DSK (ASX) Chart |