Cooke have picked up ~$20m of shares at below their offer price...

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dabozza

724 Posts.

1087

02/07/22

07:19

Post #: 62331052

Originally posted by bug1: ↑
Its pretty impressive reporting, has todays trades.
With the magic of Okular (Linux program) i was able to extract the tables and produce this summary.

They still arent really dominating volume, not sure if this is usual behavior... I did notice some trades above the offer price today, but they are 1000 or less, just bots unaware of the offer i assume.
Date Volume traded (ASX) Cooke Volume % of Trade Average Price
1 28/06/22 3,899,707 1,942,810 49.82% $4.35
2 29/06/22 2,103,846 887,049 42.16% $4.64
3 30/06/22 1,700,217 718,407 42.25% $4.77
4 01/07/22 2,185,284 1,179,698 53.98% $4.82
Expand
Cooke have picked up ~$20m of shares at below their offer price since Management went public saying this massive underestimates the value of the business. I think those quick gains for Cooke will be gone now.

i feel for the mums and dad retail investors selling their shares at a discount to intrinsic value - being shaken out by fake analysis from Barrenjoey and probably just had enough of watching the stock languish.

TGR Price at posting: $4.85 Sentiment: Buy Disclosure: Held

8 Upvote

0 Great analysis

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	Date	Volume traded (ASX)	Cooke Volume	% of Trade	Average Price
1	28/06/22	3,899,707	1,942,810	49.82%	$4.35
2	29/06/22	2,103,846	887,049	42.16%	$4.64
3	30/06/22	1,700,217	718,407	42.25%	$4.77
4	01/07/22	2,185,284	1,179,698	53.98%	$4.82

Cooke have picked up ~$20m of shares at below their offer price...

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Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

New results confirm Buena Vista's iron grades potential

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

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