No I don't think you're reading too much into it. It is a significant buy - almost 7 million more shares to add to their 30 million already held.
When one of the largest corporations in the world, and one in which Buffet now holds a significant shareholding as well, starts accumulating a company like Paladin, this should be seen for what it is - a massive vote of confidence in this company as a long term investment.
ge purchase, page-3
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Last
$13.32 |
Change
0.170(1.29%) |
Mkt cap ! $3.931B | |||
| Open | High | Low | Value | Volume |
| $13.29 | $13.36 | $13.04 | $10.26M | 774.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 4787 | $13.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.32 | 147 | 4 |
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| Last trade - 12.01pm 04/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |