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- TRA - Turners Automotive Group [previously TNR - Turners Limited]
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06-03-2019, 03:06 PM
#4521
Originally Posted by Beagle
How do you know its not just the buy-back ?. No one will reliably know until after the buy-back is finished in early April.
Even a broken clock is eventually right lol
Any shares purchased in the buy back are announced to the market the next day. Tomorrow we will know whether it was the buy back (most likely), or a large player building a stake (less likely). Gets interesting if it's the 2nd option.
There's good money to be made here at some point. The question is when.
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06-03-2019, 03:13 PM
#4522
The $2.15 bid line not being dealt to like it has been relentlessly for a while now.
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06-03-2019, 03:26 PM
#4523
Originally Posted by BlackPeter
Well, buyback can be only 30% of the volume - can it? The other 70% must be genuine interest.
Weekly or total volume. But yes any buying outside of the buyback and it has been 70% or more is still buying.
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06-03-2019, 03:38 PM
#4524
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06-03-2019, 04:18 PM
#4525
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06-03-2019, 04:40 PM
#4526
Originally Posted by blackcap
Weekly or total volume. But yes any buying outside of the buyback and it has been 70% or more is still buying.
No...I can't say any more without breeching confidence.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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07-03-2019, 09:19 AM
#4527
Well Turners acquired 163,000 of the 300,000 odd shares yesterday
Balance must have Couts, Lac, Percy and Scotty and maybe even beagle buying up big time ...doubt of BlackPeter was buying ,...and I resisted the temptation to average down big time seeing the bottom has been reached.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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07-03-2019, 09:22 AM
#4528
Originally Posted by winner69
Well Turners acquired 163,000 of the 300,000 odd shares yesterday
Balance must have Couts, Lac, Percy and Scotty and maybe even beagle buying up big time ...doubt of BlackPeter was buying ,...and I resisted the temptation to average down big time seeing the bottom has been reached.
A positive sign that it looks like a large player is beginning to accumulate. Time to watch this closely.
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07-03-2019, 09:25 AM
#4529
Originally Posted by JohnnyTheHorse
A positive sign that it looks like a large player is beginning to accumulate. Time to watch this closely.
Just imagine ...a large player on board
The ASX listing has its uses eh
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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07-03-2019, 09:45 AM
#4530
Originally Posted by JohnnyTheHorse
A positive sign that it looks like a large player is beginning to accumulate. Time to watch this closely.
Looks like short-covering - very nice profit to cover while Milford is still dishing stock out?
Will get excited if insiders are buying!
Last edited by Balance; 07-03-2019 at 09:51 AM.
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