re: Macquarie. They just lodge on the day they become a substantial holder. doesn't mean they have to buy the entire block on that day. they could just buy one share if it tips them over the 5% mark.
eg look at my post back in Jan http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1931928&msgno=9007756#9007756
There was a Citicorp nominee account that was only about 2m shares under a substantial holder back then. Looks like they bought most of the ex Mrs Mason's shares.
Strange that they are using a Citicorp nominee account but not unheard of.
As for why?
My general impression is that the MCQ guys are pretty savvy - maybe they like the SEA story - particularly when you add a big block of TXN's EFS acerages into it and figure that the Talon shares are a freebie thrown in on the side.
Oh ... and the meeting/vote are this afternoon. So another offer would be unlikely.
Nothing sinister in this cupboard?!
- Forums
- ASX - By Stock
- what is macquarie upto?
re: Macquarie. They just lodge on the day they become a...
Featured News
Add TXN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online