Approval, page-4

I doubt that it's any sort of insider trading. Look at the previous price action history before big news events such as China Grand Pharma deal back on the 29th of October 2020.

This deal was huge for Telix and the volume was almost zero - this shows me that the company is a pretty tight ship.



Todays price action looks more like a break out from its accumulation range that its been held in since the 23rd of September 2021. Someone has accumulated a good position over the last month and a half and did it with class!



Another thing to consider is China Grand Pharma's stand still provision is due to be released around tomorrow - meaning that they can begin to buy more Telix shares again. They're a 20 billion dollar company so they aren't exactly small!

So it could be another fund quickly buying:
- Before china grand pharmas stand still provision expires
- In speculation that Telix gets TGA approval on the 12th
- In speculation that FDA makes a decision earlier than expected

Nonetheless, the next month and a half should be massive for Telix and I am definitely not sitting on the side lines without a good sized parcel myself!

I believe that even though the current market cap is considered to be high to some - I see the current share price to be grossly under valued based on scope and company structure.

All IMO