Thanks for your as always measured summary of the fundamentals, Captain.
Good to see STM has confidence to increase their stake. 4.8c is a good premium, but they still got 'em cheap. Had they bought 25.6M on market that is equivalent to the entire sales volume since 1 June so their purchase price would have been considerably higher.
So it was suggested this news was leaked to the market on Friday? 518,072 shares traded, most at 4.1c, last trade 50,353 at 4.3c. Wow I think ASX should launch an investigation.
TON Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
