Yes agree, this is what accumulation looks like and is good confirmation for momentum
Only 2 shareholders had the 4.7m shares to sell this morning (Salt funds and Lindsay Investments), so it will be interesting to see who's sold and who the new backer is.
Yes agree, this is what accumulation looks like and is good confirmation for momentum
Only 2 shareholders had the 4.7m shares to sell this morning (Salt funds and Lindsay Investments), so it will be interesting to see who's sold and who the new backer is.
Maybe a takeover in the wind ......that’ll be good
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Though Lindsay did say last year as quoted in The Herald —
Brendan Lindsay has no plans to take over Methven, after taking a 13.37 per cent stake for $10.7 million in April, but would like greater involvement with the NZX-listed tap and showerware company.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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