paradice investments have offloaded approx 19M shares recently for approx $13.5M or approx $0.71/share
We only know this cos of the "ceasing to be a substantial holder" reporting requirements.
Then check out "becoming a substantial holder" 19/11/09
paradice investments snapped up approx 80M shares over a period for an average of $0.28/share
In other words, they just made a lazy $8M(approx) in just over a quarter.
This is how the big boys do it!!
Have been watching VBA for a while missed out on its good run lately but good luck to all holders, i reckon its a good blue chip stock with pretty switched on management.
VBA Price at posting:
62.5¢ Sentiment: None Disclosure: Not Held