Good evening,

It’s the gift that keeps on giving for stockbrokers and investment banking teams.

Street Talk understands that more than 100 million shares in Sigma Healthcare, the ASX-listed home to pharmacy giant Chemist Warehouse, changed hands at $3.02 on Friday. The trade was worth more than $300 million.

Of note, while the identity of the seller wasn’t known, Friday’s sell-down comes as Sigma speeds towards trading blackouts that come into force for its directors in the coming weeks, in the lead-up to the results.

Read the full story: Sigma shareholders cash out $300 million-plus as blackout period looms

Read the full story tomorrow and more on the Street Talk page.

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Activist investor Sandon Capital stepped up its campaign against the board of Southern Cross Media on Friday, issuing a section 203D – a notice calling for the removal of a director of a public company, Street Talk understands.

The Australian sharemarket notched its first weekly drop since early April as a rebound in bank shares on Friday fell short of reversing the week’s steep losses.

Click here for the latest equity market wrap.