SPL 2.06% 9.5¢ starpharma holdings limited

Ann: Change in substantial holding, page-14

  1. 15,601 Posts.
    lightbulb Created with Sketch. 5691
    19 Jun 19 SMLS Buy 1,192,405 $ 1,526,278

    I also can't imagine why they would continue buying on 19 June 2019 @ ~$1.28 if they didn't see value in it then at those higher prices ... they have obviously bought up big in some divisions earlier in the year when the sp went below $1 as the average price for the entire 4,390,656 shares they bought is $0.85 (after buying and selling transactions are taken into account over the periods detailed in the announcement on page 4)

    So increase in holding of 4,390,656 shares for a total out of pocket cost of $ 3,750,222 ... or $0.85 cps.

    They have been buying and selling in many divisions, which is why I made comments over the last couple of weeks that there were 'games afoot'.

    GLTAH
 
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