CIF 0.00% $1.26 challenger infrastructure fund

It probably cant have been the 2 large holders (CGF or DB)...

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  1. 221 Posts.
    It probably cant have been the 2 large holders (CGF or DB) buying or we would have had to see an "increase of holdings" announcement by now, and considering it took him several months to sell down it wouldn't seem to indicate that another player was desperate to get their hands on the stock. The only large crossing appears to be the 7m securities at $1.36 in June, which is not terribly large in the grand scheme. Whichever broker/s was handling the ongoing sales would have been indicating to their clients that they were are daily seller which would explain why they had so many crossed trades (albeit of small $ value).

    The positive here is that a key seller seems to drying up which should take some pressure off the shareprice. Hopefully this will bring new buyers into the market who may have been waiting for this event.
 
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