well, there we go.
the claimed "retail experts" who post on HC would have us all believe that the YOW business model and mgt, is an abject failure.
Yet here we have PIE Funds Mgt, with hundreds millions $$$ invested in equities, hoovering-up YOW shares daily.
Have they got no idea?
Interestingly, they acquired over 3m shares on two trading days. 23 June and 26 June.
Pie stated they acquired that 3m at prices 30.5c to 30.9c
On 23 June there was a sale of 2m shares as an S3XT. That trade was at 30.5c and was the only trade that went thru on 23 June in that price range.
So I guess that answers the question raised on that day on HC, as to what was that trade of 2m all about?!
Looks like there were 1.141m shares traded on 26 June. but prices varied. there were none showing at 30.9c, so those showing at 31c and cross-trades would have been PIE?
There were plenty of trades yesterday at 30.5c and 31c, so its London to a brick that PIE is still soaking up any stock at those levels.
cheers
YOW Price at posting:
30.5¢ Sentiment: None Disclosure: Held