Ok what you are missing here is that both TOT (-35%) & HPI (-25%) are trading at large discounts to NAV. Also did you correctly account for distribution receivable on HPI & TOT. Fund Management also worth about 10C. They calculate 78C in the report (without the look through)
So I can understand why Tony Pitt bought so much stock. He can creep up the register (in the buying windows) and then make a takeover to take it private say at 72C. He sees more value in buying TOT than a major buy back for TGP. I suspect they will do both. Happy to hold and will buy more if the discount blows out.
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- Ann: Change in substantial holding
Ann: Change in substantial holding, page-3
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Last
61.0¢ |
Change
0.005(0.83%) |
Mkt cap ! $139.0M |
Open | High | Low | Value | Volume |
61.0¢ | 61.0¢ | 60.5¢ | $22.24K | 36.49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20974 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.0¢ | 35932 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20974 | 0.610 |
1 | 15175 | 0.605 |
2 | 16680 | 0.595 |
3 | 19225 | 0.590 |
1 | 15000 | 0.585 |
Price($) | Vol. | No. |
---|---|---|
0.620 | 35932 | 4 |
0.625 | 70855 | 2 |
0.640 | 48629 | 3 |
0.645 | 50564 | 3 |
0.650 | 112764 | 4 |
Last trade - 14.42pm 29/05/2024 (20 minute delay) ? |
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Last
61.0¢ |
  |
Change
0.005 ( 0.83 %) |
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Open | High | Low | Volume | ||
61.0¢ | 61.0¢ | 61.0¢ | 7548 | ||
Last updated 15.16pm 29/05/2024 ? |
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TGP (ASX) Chart |