Probably no coincidence, and no idea what they need $19m odd for but I'd like to take Andrew Hansen on his word:
"Today’s action in no way represents any reduction of my personal commitment to Hansen Technologies Limited. I remain committed to robustly pursuing the growth of our business both organically and through acquisitions. I am very positive about our future”
They still hold 40% of the company, and, as you said, the institutions would have done their research and obviously see it as a worthy investment.
some research, page-6
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Last
$4.25 |
Change
-0.070(1.62%) |
Mkt cap ! $864.9M | |||
| Open | High | Low | Value | Volume |
| $4.40 | $4.41 | $4.25 | $1.025M | 239.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3496 | $4.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.29 | 2639 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| HSN (ASX) Chart |