Wattle BottleNot sure if you picked up on the three large Xtrades Tues, Wed & Thurs. 1 m shares on Tuesday, 500 000 shares on Wednesday and another 250000 shares 10 mins before the close yesterday. You never get to know the details of ‘off market’ arranged transactions then reflected on market, but I suspect we are dealing with Fund mandates following the announcement on PPH reaching positive cash flow /EBITDAF status. Mandates quite often restrict Fund Manager’s to investing in Companies who are generating Positive cash flow. All three transactions went through at $ 3.15.
So on the surface, looks like we are missing out on the tech rebound, but IMO not the case. We should pick up momentum with the 7 Feb podcast.
Rokewa
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