>multiple catalysts for capitalisation re-rate, including PL6 >He named TSMC and their collaboration with Infineon. But didn't say it would be them for Tier 1 foundry. >Two weeks to get the agreement approved by infineon. It all happened after AGM. >Notably he touched on why the first CR failed: >>Existing shareholder(s) put a big sale order on market during TH. >>someone actually posted that in HotCopper during the trading halt: https://hotcopper.com.au/posts/77088741/single >>This movement undermined the target price for the CR and the supporters of the CR withdrew their offers.
So it was clearly some manipulation by existing shareholders.
I got the sense that he was trying to answer questions posed in the investor hub and possibly there has been some reading of HC? Unless people are posting the same questions there
4DS Price at posting:
3.6¢ Sentiment: Sell Disclosure: Held
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