I think there's still an overhang of insiders selling imo.
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Some big trades appearing each evening. 500,000 shares yesterday evening after 5pm, and another 453,000 this evening. Someone still accumulating? Perhaps another SSH notice to come next week.
Good to seen this one tracking up today and also Mawer disclosing increase in their holdings thro' SSH notice.
Sixth Street ain’t no mugs to have taken cornerstone stake holding. They would’ve done their due diligence with a very fine comb to satisfy their investment decision.
The overhang of Hulijch selling all done and dusted, will be onto $3bln market cap very soon, you read here first!
Okay .. so now I'm confused -- Ogg managed to find one end of the ruler & sb9 managed to view find the other .. ;)
The SP went up by 10% on the news, so it's only Ogg that sees the Hulich sale to Sixth Street so negatively.
Bit of resistance to break through the $2 wall...let's see how long that'll last. Once they finish up FY period in couple pf days, I'm picking there's an outside chance for another earnings upgrade and/or some acquisition news to be out early next month.
Massive auction at close...
Pushed past $2, seems very bullish, some clever TA gurus can shed some light perhaps.