TUA 1.26% $3.91 tuas limited

Ann: Ceasing to be a substantial holder from WAM/WMI/WAX, page-7

  1. 23 Posts.
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    Gents,

    After a very good run-up in the last 12 months, it is naturally investors will reduce their holding to lock-in some profits. WAM Funds Management hold some 24M shares (last year figure) and if the sales seen so far all belong to them then they would still hold around 13M shares.

    It's interesting that TUA normally traded thinly on a daily basis, but lurking underneath is someone who is ready to pounce on a 7 million shares parcel at an all-time high of $3.40. It's a bet of ~ $25M that TUAS will continue to deliver.

    Everything will be revealed tomorrow. Good luck to all shareholders.

    As always, this is just my observations, not financial advice. Please do your own research.

    Howie


 
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$3.91
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Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
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