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.
Hmmm! The Blue Seas Trust (BST), of which KS is a beneficiary,...
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Last
$10.27 |
Change
0.060(0.59%) |
Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.31 | $10.42 | $10.18 | $14.51M | 1.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5465 | $10.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.29 | 2241 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
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