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Australian Ethical share price crashes 15% lower after IOOF selldown – Motley Fool Australia
The Australian Ethical Investment Limited (ASX:AEF) share price is crashing lower after IOOF Holdings Limited (ASX:IFL) sold down its stake…
The Australian Ethical Investment Limited(ASX: AEF) share price has come under pressure on Friday.
In morning trade the ethical investment company’s shares are down over 15% to $5.06.
Why is the Australian Ethical share price tumbling lower?
The Australian Ethical share price has dropped lower today after one of its major shareholders offloaded the majority of its holding.
According to an announcement by IOOF Holdings Limited(ASX: IFL), the financial services company has sold approximately 1…
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