I'm curious to know what is causing this recent sell off in the absence of any announcements. anyone got any ideas?
i note that IFL increased their substantial holding as notified on the 3/12/18, and since then IFL have been absolutely annihilated by APRA and appear to be in a bit of trouble. Would they be liquidating their position and are we therefore due for a change in substantial holding notice? might explain the recent sell off.
just speculating here - might have nothing to do with anything. Thoughts?
Also noted was UBS becoming a substantial holder which might not be a good thing IMO as these guys have a history of shorting their positions
Ann: Change in substantial holding from IFL, page-3
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