Had a look at the EMI website. TDO is there largest investment. They talk very positively about it. They were buying stock in early july.The only possible explanation is that they need to reweigh there portfolio or they are having redemptions of there units and as such need cash.
This is a buying opportunity for patient investors.
This is usually a time when a share price usually increases substantially as cash-flows are around the corner.
Good luck to all.
Had a look at the EMI website. TDO is there largest investment....
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Last
7.8¢ |
Change
-0.006(7.14%) |
Mkt cap ! $25.85M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.3¢ | 7.8¢ | $6.296K | 78.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1063012 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 75000 | 1 |
View Market Depth
| Last trade - 15.57pm 12/07/2024 (20 minute delay) ? |
| TDO (ASX) Chart |