Very large crossed trades going through now = another one today
Probably its transferring shares into Self Mamaged Super Funds
It's a smart move because it no doubt creates a very nice loss for the holder which can be carried forward and when the takeover proceeds a huge tax free capital gain if the particular fund is in pension phase
The fact that they are crossed suggests to me that the holder is in effect just selling to himself/herself
VGH Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
