Looks as though IOOF still has about 8 million shares to sell if their intention is to sell out of PRT completely.
All things considered the share price seems to have held up quite well - dumping 18 million shares in just a few days could have really done some damage. I'd be very interested to know who has been buying or increasing their holding. (Maybe the latest rumours about Lachlan looking elsewhere is true!)
While IOOF has decided to finally take a profit on the share holding they bought from the Australian Future Fund for 30 cents, others obviously think there is still a fair bit of upside to come. Lets hope their right!
PRT Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held