It comes as $10bn worth of shares in the business became free to trade on Thursday, enabling Chemist Warehouse franchises ... were expected to offload stock in the pharmacy giant Thursday ...
Index funds had been expected to pile into the stock, given its enlarged presence in the ASX 200, but Chemist Warehouse franchisees can now also free up liquidity by selling out. Hundreds of ...
Chemist Warehouse’s whopper $32 billion listing ... As its anchor investors sell stock and the free float increases, that index weight should also increase – you could write the marketing ...
You’re reading a free article with opinions ... and are the most actively traded stock on their first day of trading post-merger with Chemist Warehouse. The Sigma share price rose by 9.4% ...