Business
Second Xero block flies, this time via Jarden – The Australian Financial Review
The blocks are flying at Xero with a $100 million parcel of shares changing hands on Thursday.
The blocks are flying at Xero.
Hot on the heels of Rod Drury’s $200 million selldown on Wednesday night, stockbroker Jarden was in on the action on Thursday.
Jarden’s desk crossed 1 million Xero shares at $100 each on Thursday morning, to nab a $100 million trade.
The stock was trading at $99.96 by lunchtime, down 2.9 per cent from its $103 a share close on Wednesday night.
As for the seller, it couldn’t be Drury’s Rodanna Ventures Trust, with the rest of its shares locked up until the relea…
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