BNO 5.26% 20.0¢ bionomics limited

  1. 707 Posts.
    lightbulb Created with Sketch. 78
    Sorry to disappoint you but Ausbil held 8.1% of the company at their time that they issued a substantial shareholder notice on 1st March 2018.


    They were subsequently on buy and sell side of the market. 


    However, the substantial shareholder notice on 3rd October showed that they had sold  12,851,643 on 2nd October and 3rd October - the day of the announcement and the following day.


    I got modded on a previous post for unsubstantiated statement.


    Well these are facts.


    You are however correct that they have not issued another substantial shareholder notice since then - but a 1% move is the equivalent of 4.8m shares, so I would not assume that they have not dribbled out a few more.


    Some instos are a little sloppy in their reporting but I would expect Ausbil to be pretty prompt with theirs.


    Maybe - like you - they are hoping for a bounce too?



 
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