Post 4:00pm ASX notice says Challenger ceased to be a major holder. Relentless selling in the absence of any buying pressure suggests an insto(s) getting out - realising losses for tax purposes etc. Although this wrecks the SP it does not detract from ABS' balance sheet.
IMHO unless Financial Statements etc have been fraudulent & as demonstrated by Temasek, Lazard & MS there is real value in the business.
4YIO - NFA
ABS
a.b.c. learning centres limited
Post 4:00pm ASX notice says Challenger ceased to be a major...
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