Lez knows his own business inside and out. I am anticipating...

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noomxx

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27/10/23

21:43

Post #: 70586919
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Originally posted by saintex: ↑

Interesting to see that Lev keeps increasing his holding in TWD :
- holding of 54.35 % (before Asti Vista acquisition mid 22),
- increased to 56.63 % after Asti Vista acquisition (all scrip takeover),
- to an holding of 57.52 % at 17/10/23.

The increase since Asti Vista acquisition is due to 3 elements :
- acquisition of 235,760 shares at 29/6/22 (at 2.66 $ per share), (off market trade)
- another 573,893 shares on 9/12/22, following the dividend reinvestment plan,
- purchase, on market, of 21,098 shares in October 23* (at 2.11 $).
I imagine that Lev will probably further increase his holding, by participating in the dividend reinvestment plan this year.

* unlike what I indicated above, the last time Lev bought more shares, was in June 22.

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Lez knows his own business inside and out.
I am anticipating future fully franked dividends of at least 25c a share which will be conservative when compared to historical dividends pre corona virus times.

An 'easy' buy straw hat's in winter position for me, with a major insider that runs the company the old fashioned way.

And the reason Lez keeps buying over time is easy, whilst he might not be a 'finance guy' he instinctively knows the share price is less than intrinsic value!!!!

Last edited by noomxx: 27/10/23

TWD Price at posting: $2.40 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.48		Change 0.010(0.40%)		Mkt cap ! $93.42M

Open	High	Low	Value	Volume
$2.52	$2.52	$2.48	$519	209

Buyers (Bids)

No.	Vol.	Price($)
1	350	$2.48

Sellers (Offers)

Price($)	Vol.	No.
$2.55	3809	1

View Market Depth

No.	Vol.	Price($)
1	350	2.480
1	3173	2.470
2	4776	2.450
2	5250	2.400
1	1260	2.380

Price($)	Vol.	No.
2.550	3809	1
2.580	462	1
2.730	787	1
2.890	10000	1
2.990	3376	1

Last trade - 11.03am 18/06/2024 (20 minute delay)

TWD (ASX) Chart

Lez knows his own business inside and out. I am anticipating...

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Lez knows his own business inside and out. I am anticipating...

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