TBR still has its Share-buy-back in place. I thought thats what was trying to keep the price around $4.00 for the last couple of months as it was regular smallish buys at particular times of the day.
Volume was 83K when it went to $10 but now is 127K and still keeping it under $4.
Personally I think it might be NST, now that Plan A (the ridiculous offer) has failed, it will buy its 19.9% - for cheap.
Is there anything in the JV that prevents NST becoming a major shareholder of TBR?
As you have said above the EKJV is its better performing asset.
And what better way to really piss off the BoD? and would get a NST fox into the TBR henhouse.
.... or Hedley & Co
I might regret selling this as it could get interesting...
Ann: Quarterly Activities Report, page-5
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Last
$5.00 |
Change
0.250(5.26%) |
Mkt cap ! $262.3M | |||
| Open | High | Low | Value | Volume |
| $4.98 | $5.05 | $4.98 | $58.52K | 11.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4579 | $5.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.05 | 3256 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| TBR (ASX) Chart |