Quote Originally Posted by percy View Post
The seller was the 8th largest shareholder.He is a Christchurch investor, who has a lot of large holdings in a number of small cap companies.He invests in his own name, as well as two finance companies he owns.This holding was in one of his finance company's name.
I am now guessing he sold via a Christchurch broker to another Christchurch investor, who also invests in small cap companies.
I expect we will know the new owner's name when 2CC's annual report comes out in June.
How easy/difficult is it to divest a large holding in a small cap company. Where your holding far exceeds the amounts normally traded. PS I dont have that kind of lucky problem