I've been pulling apart the course of sales for the last couple of days & I've got a suspicion that Gordon Ramsay (the UBS analyst that has been very keen on TXN being a potential take over target) has been wispering in his insto's ears.
I'm pretty sure that the bot that has been active for the last couple of days is a UBS insto. UBS were big holders last year but dumped the stock about August from memory.
With 1.8m shares today ... I can't tell if someone is playing games and shaking the tree or whether they're just mopping up available stock.
But since some IDIOT in the ASX thought it was a good idea to hide broker codes for three days I won't know till Monday. so much for a transparent market.
TXN Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held