Cryosite director and chief shareholder, Andrew Kroger, has returned to hoovering CTE shares after an interlude of 18 months.
On Friday, Kroger's S.H.R. Pty Ltd appears to have secured the 500,000 units parcel held by Talston Pty Ltd.
In an off-market deal, S.H.R outlaid $28,500 at 5.7c a share.
The deal lifted Kroger's total stake to 17.815m units representing 38.02%
The last time Andrew Kroger hoovered CTE was back in March 2018. He bought ~596k shares at 11c and ~30k at 10c.
Nine months earlier the former stock broker outlaid $252k on two off-market deals , one involving 900k units at 19c and the other for ~427k units also at 19c. He also bought 72,500 units on-market at 16c.
Coinciding with today's Kroger share-buying disclosures, there were noteworthy changes on the buy-side for CTE.
An anonymous buyer pulled an order for 750k shares at 4c. Then another order appeared for 250k units at 3.5c.
Did the changes involve Andrew Kroger? Or did they involve shrewd **riel Hewitt, aka @Fibonarchery? Or did they involve someone/something else?
Whatever, Kroger's latest hoovering strategies will help place a floor on the CTE SP and fuel speculation that - behind the scenes - momentum is building for a CTE break-out.
Add to My Watchlist
What is My Watchlist?
