Perhaps it means that Bobdn did well selling 25% of his shares at $1 and now probably wishes he has sold more?
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Only time will tell :)
Gosh, that's a bit sad for you fellas, current quote for TTK last sale 80cps, buyers 78cps, sellers 80cps. You oughtta be grateful to Spark for supporting the market :-)
Be happy about Spark's rise in price and juicy dividends. No need to troll us.
Now crossing at 77 cents per share! Must mean punters no longer believe Spark's bid is going ahead so there's no underpinning to the market...
I'd remind everyone of two takeover offers one for KMD and the other ATM, look how promising they have ended up by refusing the deal. Their share price shot up on takeover offer, sank back down after offer was gone and now the companies are flourishing after. Spark and Vodafone won't be wanting to take TTK's assets if they aren't going to be more useful in the future.
You have to remember at its low it got to $1.30 and the reason its up now to $1.93 is that its proven to have value, not only have shareholders recieved dividends in that time, but a decent capital gains has been made and the way I see it KMD will continue to rise this year as their profits improve. The return shareholders have made by holding from the bottom to now is substantially higher than average market returns. From the takeover price its not a ton more, but 13 cents is capital gains plus 11 cents in dividends in past 12 months, thats 24 cents or 12.4% return, which on market averages is great itself.