Someone is holding TMT back from rising. AVL’s market cap is $55m and TMT’s is $22m.
Today’s Qtly shows the Top 20 own 47.4%
November’s Qtly shows Top 20 owned 50.32%
I bet It’s BNP Paribas selling who are in the Top 20 3 times for a total of 2.1m shares (roughly the 3% difference in the Top 20 between Nov and Today)
I think TMT is headed to 50cents again in the months ahead.
Ann: Quarterly Activities Report and Appendix 5B Dec 2018, page-19
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