Not too sure someone is trying to keep the price down.
Pretty big rise from a recent low of 85c, short term traders and stale bulls will be very tempted to proft take right now given their probable belief (which I dont agree with) that there wont be much further news for some time.
With half the register owned by Stokesy the price of IOH does get smashed a bit by low volume trades, nice to pick off the small sellers for a great entry price.
As the wider market digests the deal could see buyers chasing less stock for sale, especially seeing that the buyback has soaked up a fair bit of stock already.
chart..., page-5
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