The notice from PPT was dated 10/8; that's Monday. Their prior notice, dated 5/6, was to note that they had become a substantial shareholder. PPT had intact been selling off their position for over a year, and had dropped below the threshold needed to report earlier. The mystery is that they bought more.
On the 5/6 they stated that they had 5,296,892 shares. In the 10/8 notice they are no longer a substantial shareholder, so they no longer need to report anything to the ASX (read, us).
This is likely he source of the selling since Friday, not the result of a non-lawsuit that has been non-researched and is non-existent.
As of Monday, PPT had approximately 4.9 million shares left that it could liquidate at it's leisure and without having to file notices as they are now not "substantial holders".
The notice from PPT was dated 10/8; that's Monday. Their prior...
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$250.18 |
Change
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Mkt cap ! $17.90B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3 | $250.11 |
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| Price($) | Vol. | No. |
|---|---|---|
| $250.18 | 15 | 3 |
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