December 2020 Smart Money

 What the smart money bought on the Australian Stock Exchange in December 2020.



Buyer Company Volume Date
Vanguard Group PDL - PENDAL GROUP LIMITED 16,160,898 (5% voting power) 16-DEC-2020 Announcement
Aware Financial Services Australia ILU - ILUKA RESOURCES LIMITED 21,589,552 (5.11% voting power) 16-DEC-2020 Announcement
Aware Financial Services Australia CARSALES.COM LIMITED 12,748,296 (5.17% voting power) 16-DEC-2020 Announcement
Castle Point Funds Management RFG - RETAIL FOOD GROUP LIMITED 110,080,097 (5.19% voting power) 16-DEC-2020 Announcement
Commentary: RFG have been in the media for all the wrong reasons over the last 12 months, is this a contrarian play by Castle Point Funds Management.
Dennis Bastas COO - CORUM GROUP LIMITED 60,000,000 (10.05%) 9-DEC-2020 Announcement
Commentary: Dennis Bastas bought into COO via his investment vehicle Arrotex Investment Holdings Pty Ltd. Dennis Bastas is the executive chairman and CEO of Arrotex Australia Group, what makes this purchase interesting is that COO provides solutions to pharmacies and Arrotex is in the pharmaceuticals business. A heavy weight in the Australian pharmaceuticals space buying into a pharmacy solutions provider, Dennis must like what he see's at Corum Group.