It will be interesting to see if and when they push their AFR ‘street talk’ buttons again and also what they’ve been doing whilst the price here is so low since the merge.
I’m not the mathematician here but I reckon every time AVL has closed at 1.5c the only strict TMT immigrants who are still green are those who arrived at TMT under 21c a share.
At the capital raise over there last year TMT and Regal both bought in at what ?
28c a share or was it 29c a share ?
So it’s relevant (to me anyway) that despite their big noise press coverage, the holdings of both were actually comparatively tiny for funds of that size.
And over here - due to the 8.6billion sized (?) dinosaur of a registry - anything they or others have bought has remained invisible
(Especially as last last Friday IRESS had still not updated top 20 changes since the merge.)
What - if anything- have they been doing down here at this technically unattractive level I wonder?
cheers
PS and that recent new energy conference Graham attended was actually a Tribeca hosted event!
Yeo - I do think they’re on to something.
(20min delay)