because you sell at the top (or near the top) not the bottom....

because you sell at the top (or near the top) not the bottom.

possibly also its a former senior management member selling down their prior holdings awarded when they were at the firm.

or also possibly a portfolio allocation out of Australian banks for an endless list of reasons...

bottom line is this bank is a non-starter. Its only a bank in name - by all other accounts it is a small, non-diversified, non-systemically important credit union with low funding and low asset diversity chasing market share at the bottom of the barrel and without the capital levels to see it through a market downturn.

This bank is the Northern Rock of Australia.