No I don't think you're reading too much into it. It is a significant buy - almost 7 million more shares to add to their 30 million already held.
When one of the largest corporations in the world, and one in which Buffet now holds a significant shareholding as well, starts accumulating a company like Paladin, this should be seen for what it is - a massive vote of confidence in this company as a long term investment.
ge purchase, page-3
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Last
$10.76 |
Change
-0.120(1.10%) |
Mkt cap ! $3.217B | |||
| Open | High | Low | Value | Volume |
| $10.80 | $11.00 | $10.74 | $31.07M | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 930 | $10.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.85 | 10000 | 1 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |