Hmmm! The Blue Seas Trust (BST), of which KS is a beneficiary, sold 201,743 shares on market between 21-25/2 at an average price of about $7.74. That Trust still holds 2,358,215 shares though. Another Trust holds 1,486,786 shares and the family SMSF holds 954,750 shares.
I wonder why BST sold. Who else is a beneficiary? It could be a family/discretionary trust which would involve KS' immediate family. A beneficiary wanted some dough?
Anyway, the market may have seen the sale as a bad sign, hence the SP drop to a current $6.74. It could be broker games though.
Ann: Change of Director's Interest Notice, page-3
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Last
$10.38 |
Change
0.170(1.67%) |
Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.31 | $10.42 | $10.29 | $2.375M | 234.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 671 | $10.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.38 | 375 | 4 |
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