SFR 1.07% $10.16 sandfire resources limited

Ann: Change of Director's Interest Notice, page-3

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  1. 11,557 Posts.
    lightbulb Created with Sketch. 154
    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.
 
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Last
$10.16
Change
-0.110(1.07%)
Mkt cap ! $4.190B
Open High Low Value Volume
$10.35 $10.35 $10.05 $19.19M 1.890M

Buyers (Bids)

No. Vol. Price($)
2 6572 $10.15
 

Sellers (Offers)

Price($) Vol. No.
$10.18 4290 1
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