TTI 0.00% 0.4¢ traffic technologies ltd.

We will know very soon I guess, if that was mainly Accorn today...

  1. 4,636 Posts.
    lightbulb Created with Sketch. 88
    We will know very soon I guess, if that was mainly Accorn today and yesterday that means another 16 million charges have changed hands since their sub notice - which would only leave them with 5 million left.

    As per my comment yesterday though, the general depressed share price started a while before Accorn started selling (although they certainly aren't helping the cause) and I have no idea how many more Cannacord hold or will be selling down.

    Accorn are pretty tactical, they use multiple brokers - and as per the sub notice, wait until the last minute before dumping big and disclosing so its hard to glean whats happening from the Broker data. So far I have seen them transact TTI through ITG Australia, Goldman Sachs and Morgan Stanley.



    Assuming they dont know something the market doesn't could be an opportunity. In for a little parcel at 1.5c today and will do some more research on the company. Will be watch the trading and company very closely.
 
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