I’m trying to understand why State Secret is a negative for the TLX?
They seem to be a reputable investment organisation with something like $30B in assets. They will no doubt use a range of instruments, long and short, to increase their return.
They seem to have been in Telix for a while, on 5 Aug they ceased to be a sub holder, but went back over the 5% in this announcement. I’m wondering if they participated in the recent raise.
in this latest announcement they detail the shares they hold, over 5%, but will of course short when they believe it will give a greater return.Id be interested to know what evidence there is that they focus more on shorting? And why they would do that unless there is already negative sentiment for Telix?
I’m trying to understand why State Secret is a negative for the...
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Last
$21.38 |
Change
0.450(2.15%) |
Mkt cap ! $7.075B | |||
| Open | High | Low | Value | Volume |
| $20.83 | $21.39 | $20.80 | $9.147M | 432.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 475 | $21.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.39 | 460 | 13 |
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| Last trade - 13.46pm 01/11/2024 (20 minute delay) ? |
| TLX (ASX) Chart |