IMO the big boys would not be buying in the open market as there is a lack of BIG SELLERS when the sentiment and the SP is on the bullish side. Doing so at this very juncture would cause the SP to jump. Therefore, the current SP is moving up very little each day on modest volumes.
The BIG BOYS are the ones, IMO, who want to be a cornerstone shareholder.
It brings me back memories of a group of BIG BOYS buying Malayan plantation shares over a long term. They just gave instructions to a few brokers to just buy whatever quantities when the SP was at the right prices. But here we are talking about a target company which is a MATURE rubber/oil palm plantation producing a steady stream of profits year after year.
TNG Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
