TLG Ann: Share Purchase Plan Opens - 14th Oct 2022, 8:15am

[annb0t]

TLG Ann: Share Purchase Plan Opens
Price Sensitive: Y
Date: 14th Oct 2022, 8:15am

>>> Read announcement: Google: TLG Market Announcements

 

[Wooley Wonder]

Just an observation, volumes have been well up the last few trading days… why would existing holders be piling in paying 10c more than the SPP - if the general consensus is for SPP to fall to $1.10 or below.
It looks like someone sees now as a major buying opportunity

 

[Micreg]

Just an observation, volumes have been well up the last few trading days… why would existing holders be piling in paying 10c more than the SPP - if the general consensus is for SPP to fall to $1.10 or below.
It looks like someone sees now as a major buying opportunity

Possibly retail and institutional investors who have been watching from the sidelines are taking the opportunity to enter now while the entry point is a bargain.