Who knows what Lang Walker’s reasoning or motivation might be.
And bear in mind that he doesn’t get it right 100% of the time.
For example, he bought a 13% stake in BTC in March 2016 @ $0.115 per share. He opted to sell his entire holding last August, for a loss, @$0.10. Six months later, BTC is trading @ $0.16.
Walker sold another “side-interest” investment last week. After two directors had knocked back a consortium bid, Walker accepted an offer for his 50% holding in Macarthur A-League for a reported profit. Walker purchased the 50% stake in late 2018 for $7 million.
Trading, page-237
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Last
$20.68 |
Change
-0.100(0.48%) |
Mkt cap ! $2.643B | |||
| Open | High | Low | Value | Volume |
| $20.50 | $20.74 | $20.01 | $5.091M | 247.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 156 | $20.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.68 | 256 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |