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![smalltalkdaily Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1060114480804311040.png) Smalltalkdaily Research [@smalltalkdaily](/creator/twitter/smalltalkdaily) on x 21.8K followers
Created: 2025-07-23 16:28:42 UTC

Another example of some irrational PIC selling where they reduce their majority stake in $JSEGND Grindord from XXXXXX% to XXXXX% selling XXXX% or 15.85m shares for c.R184m

The PIC moved to XXXXXX% in February 2025 when #GND was trading at @R13.00 a share while today its R11.61 a share !!!

The buyers of the stock was disclosed as 36One Asset Management who now owns XXXXX% of #GND presumably they were the buyers as the PIC sold in the open market

I think as a #GND shareholder and long-standing analyst...I KNOW WHO's example I'd want to follow and it ain't the PIC

GRINDROD LIMITED – Disclosure of changes in Beneficial Interests in Securities via @Moneyweb

![](https://pbs.twimg.com/media/Gwjivn0WAAAFBLx.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948057694482403512/c:line.svg)

**Related Topics**
[asset management](/topic/asset-management)
[alternative investment](/topic/alternative-investment)
[stocks](/topic/stocks)
[$jsegnd](/topic/$jsegnd)

[Post Link](https://x.com/smalltalkdaily/status/1948057694482403512)