Yes, I am aware of the 2 sellers at Telix, and the reasons for CB's sale in particular. I also don't dispute those specific words in what Nathan said, although he is one of the least objective persons that I interact with on this platform. Nothing against what he said.
That said and on that matter: Please try and look or imagine the situation the way I will describe it (which is how I understand it, admitting I do not understand Telix that well - its just everywhere. But I like the way its execution).
So: A top quality manager (CB) sells under 10% of his stake to settle what seems to be a very costly divorce ($60million is more than the MC of some companies whose stock I hold). The sale is completed in no time, and is executed at a tiny discount to the closing SP of the day, with a guarantee that he will not sell again for the rest of the year.
After the sale (in my view) Telix was still the business that it was days earlier, which the market had valued upwards following the announcement of 2024 results and 2025 forecasts!
I am simply disputing the view that the market knows best, not that share prices fluctuate in response to events.
NB: I have stated before - I don't understand Telix and I dont try too hard to. I have a small investment there - added a small number thanks to the dumping of the last few days. Cu6 is my fighter - Nathan thinks I have made the wrong call, but he is wrong.
-----
(20min delay)