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. |