Someone is still accumulating. There was a big push today when SP jumped from 49c up to 51.5c putting it up 1.5c at that point. It didn't hold but someone taking advantage of the soft market and stocking up. I still feel that something is afoot. AKI similarly held up well and at times was also up.
Does anyone know when TS options were due to expire ? Normally it would be an imminent expiry which would force a conversion otherwise it is a very strong signal from TS that something is afoot.
Confounding that is the other director who sold on market recently - maybe CFE or the director should clarify if there was a genuine reason for the sale.
ADH
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