nearly all media have stated that TLS investors sold down today which implied that they didnt like the news.
This actually doesnt make sense.All investors have known for many months that the deal was going to be signed about now.
My own belief is that the FF has sold down heavily into solid demand but the weight of FF sale volumes pushed the sp down a little.
TLS will be re-rated soon and when the FF stops selling the sp should rebound strongly.
I am trying to decide whether to add to my current holding but I already have a truckload.
media analysis
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Last
$3.59 |
Change
-0.035(0.97%) |
Mkt cap ! $41.42B | |||
| Open | High | Low | Value | Volume |
| $3.59 | $3.61 | $3.57 | $34.50M | 9.612M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 93 | 874818 | $3.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.59 | 389779 | 65 |
View Market Depth
| Last trade - 13.08pm 27/06/2024 (20 minute delay) ? |
| TLS (ASX) Chart |