RE: 500k Buys29 Jul 2024 23:12
So 18/19 transactions required to build a 1% stake.
I agree its not insignificant but the transactions don't look like the purchaser (if indeed they are all the same) is trying to build a controlling stake.
Playing devils advocate for a minute, if the 500k purchases finish and there is no data published for a while, could this possibly be detrimental to the SP?
FWIW I think this will fly in due course and by xmas we will be looking at a good rise. I can't help but think that in the short term however, we'll see a few (small) dips which will represent a good buying/top-up opportunity. All imho of course. GL all.