Tim has more than 1 play on the ASX.
He owns nearly 20% of LTR as well and there is some speculation that possibly his funds might be needed over at LTR.
LTR owns a Tier 1 Lithium deposit and is now starting exploration just north of CHN's Julimar project for the same base metals.
Additionally, whoever was buying Tim's 10mil shares could be an important enough investor that Tim really wanted them onboard at $1.05.
We can't view things only from the surface, most things have reasons and are usually deep and layered.
Your opinion that Tim let got his 10mil shares maybe due to drill results or the Julimar project is not as good as we think - but if that was the case Tim's reputation would be totally destroyed if that were the case when eventually the results do come out not as well.
Would he risk that?
Pessimism vs Optimism, page-3
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$1.33 |
Change
0.085(6.85%) |
Mkt cap ! $515.3M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.34 | $1.24 | $4.618M | 3.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45000 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 3824 | 1 |
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