To my way of thinking, the logical result for Tuas is to take over one of the other mid sized operators. It is a way of growing the business that David Teoh is well familiar with.
However, a sudden rise in share price might indicate the start of a possible private buyout to remove the requirements of complying with having an Australian listing. Or maybe a takeover bid coming? Third possibility is the leaking of great results coming in the next report.
Interesting times.
TUA Price at posting:
66.0¢ Sentiment: Hold Disclosure: Held
