TLX 3.50% $22.20 telix pharmaceuticals limited

I often think the same thing old sport reverse keyboard. If a...

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  1. 260 Posts.
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    I often think the same thing old sport reverse keyboard.

    If a fund/competitor/potential substantial holder wanted to get a meaningful position - then the supply/demand issue is a real head ache for them.

    I’d estimate that us hotcopperians hold a few milly between us. I personally won’t want to sell any/many before we’re at a 20 billion $ market cap (approx $70) with many other investors in a similar category. So it’s currently a fairly sticky register.

    Not helping the funds problem of trying to get a position without blowing the price up.

    Anyway. The shares held in escrow by Japanese bank - Mitsubishi UFJ financial group, from the US IPO are just sitting there now.

    It provides a good opportunity for a substantial holder to put a bid in for these. Say at a 20% market premium. It would be a huge win for all when comparing the request for a discount from our nasdaq friends.

    They get a substantial holding with only pushing the price up 20%. We get another sticky share long term holder.

    I wouldn’t be too disappointed in my current position or if I was the substantial holder.

    All speculation but it makes sense in my mind
 
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Last
$22.20
Change
0.750(3.50%)
Mkt cap ! $7.429B
Open High Low Value Volume
$21.90 $22.27 $21.77 $48.54M 2.197M

Buyers (Bids)

No. Vol. Price($)
2 13813 $22.15
 

Sellers (Offers)

Price($) Vol. No.
$22.21 1656 2
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Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
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