Unlikely - probably just another punter.
Based on the prices they have paid to buy into FMS it doesn't look like they have much better information than the rest of us
Territory Resources (an iron ore play) gives a good case study of a previous significant investment. OCJ (and Ouyang) hit the substantial holder list in December 2008 with 13,327,000 shares (5.04%) at an average purchase price of $0.4971. OCJ dropped off the substantial holder list in January 2010 when they sold just 300,000 shares. In June 2011 TTY received an offer from Noble Group subsidiary Jonesville to acquire all shares for $0.50 per share. So they got in early and picked up 5% of the company for ~$6m, to walk away with a paltry profit of ~$38000.
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Unlikely - probably just another punter. Based on the prices...
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Last
82.0¢ |
Change
0.020(2.50%) |
Mkt cap ! $163.8M |
Open | High | Low | Value | Volume |
82.0¢ | 83.0¢ | 82.0¢ | $1.746K | 2.125K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 42 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.5¢ | 7842 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 42 | 0.800 |
1 | 2531 | 0.770 |
1 | 16200 | 0.760 |
2 | 5573 | 0.740 |
1 | 1309 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.815 | 7842 | 1 |
0.820 | 4641 | 1 |
0.870 | 3999 | 1 |
0.880 | 10355 | 1 |
0.890 | 2368 | 1 |
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