TIL - Trilogy [formerly ECO - Ecoya]

[winner69]

227 392,200 14:19 sp 227 100,000 13:44 sp

That's good isn't it?

[JoeGrogan]

That's good isn't it?

Most definitely a good thing, getting ready to break through 2.30, then next stop $5 .

[boysy]

Got to be a change in substantial holder notice at some stage.

[Balance]

Got to be a change in substantial holder notice at some stage.

https://www.nzx.com/companies/TIL/announcements/302559

Per your expectations - presumably they will buy more as they have some serious $$$ under management.

http://www.grandeurpeakglobal.com/gpiox-gpiix

[boysy]

Interesting to note they have split the purchases between 5 of their funds (as per below from NZX ann). As you mention balance they have plenty of money under management under the various funds, has the seller now left the building is the question.

Nature of relevant interest(s): Registered holder and beneficial owner of financial products

FIT-Grandeur Peak Global Opportunities Fund (1.84% or 1,335,398 shares)

Grandeur Peak Global Opportunities, L.P. (0.62% or 452,872 shares)

FIT-Grandeur Peak International Opportunities Fund (2.04% or 1,483,585 shares)

FIT-Grandeur Peak Global Reach Fund (1.58% or 1,145,563 shares)

FIT-Grandeur Peak Global Micro Cap Fund (0.28% or 204,522 shares)

Total shares across all funds (as of June 14, 2017): 4,621,940 shares (6.357%)

[JohnnyTheHorse]

Interesting from a technical perspective. Broke through 220 to create new lows which looked like a continuation of the long term downtrend. Quickly broke back through 220 and is now testing the strong resistance at 230. Breaking through resistance at 230 would be bullish, 240 very bullish.

[Balance]

Interesting to note they have split the purchases between 5 of their funds (as per below from NZX ann). As you mention balance they have plenty of money under management under the various funds, has the seller now left the building is the question.

They will be hoping that the seller has NOT left the building.

Interesting that selling has abated now that there is disclosure that someone big is prepared to step up to the plate to take stock. Always the way.

[Balance]

They will be hoping that the seller has NOT left the building.

Interesting that selling has abated now that there is disclosure that someone big is prepared to step up to the plate to take stock. Always the way.

Looks like seller(s) still there - BUT buyer is as well.

Let's see whose pockets are deeper.

[RupertBear]

Ok so there is a big buyer and a big seller....how do we know if this is a good thing or a bad thing?

[sb9]

Pie funds reduced their holdings by about 1% from 6.92% down to 5.92%, interesting....