PPT made no secret of the fact that they were selling down their holding from early on, at least a year ago.
If we assume that it is they who are selling now (and they have been selling from less than $1), and that they had 4.9 million shares on Monday morning, then then they are likely to have less than 3 million now. They don't need to file any notice now that they aren't a substantial holder.
While they are selling other parties are buying. And we have seen that PME is being accumulated by institutions.
15% drop at 8am, page-35
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Last
$246.37 |
Change
-1.815(0.73%) |
Mkt cap ! $17.90B | |||
| Open | High | Low | Value | Volume |
| $248.97 | $253.90 | $246.02 | $28.84M | 115.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3 | $246.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $246.44 | 9 | 2 |
View Market Depth
| Last trade - 14.00pm 29/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
