Great stag profit. Interesting to see how this goes in the next fortnight. Looking to enter as they roll out their stores over the next few years to double their current numbers.
Some key investors have already sold big chunks of their stakes yesterday so I believe the gains will be longer term rather than short term:
"TDM sold 18 per cent of its shares into the float but remains a long-term shareholder. Founders Arnold and Gail Nadelman, who opened the first store in Melbourne in 1979, reduced their stake from 12 per cent to 6.1 per cent."
Link: http://www.smh.com.au/business/reta...44-per-cent-on-asx-debut-20151013-gk8keu.html
Gradual profit taking, page-13
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