Posts: 2,165
   
Threads: 127
    
Likes Received: 838 in 631 posts
Likes Given: 140
Quote:Temasek became AEM’s largest shareholder following a placement announced last August where it paid $3.8477 each for 26.8 million new shares for a 9.5% stake.
It has since increased its stake gradually with open market buying like that on April 7.
Prior to this, on March 9, Temasek paid around $5.65 million for around 1.42 million shares, or around $4 each.
Temasick is its biggest shareholder
Last year they actually bought another 400k at $4.70 each
Now the share price dropping like a bomb
Tampines & West Coast GRCs are there for the taking
>
(This post was last modified: 29-02-2024, 09:06 AM by
Bluebull.)
Posts: 2,165
   
Threads: 127
    
Likes Received: 838 in 631 posts
Likes Given: 140
Why does Temasick have such lousy investment officers?
Which country they recruit them from, I wonder?
Tampines & West Coast GRCs are there for the taking
>
Posts: 5,153
   
Threads: 118
    
Likes Received: 980 in 859 posts
Likes Given: 14
(29-02-2024, 09:08 AM)Bluebull Wrote: Why does Temasick have such lousy investment officers?
Which country they recruit them from, I wonder?
what if they're losing money on purpose ?
Temasek + GIC buy go long at high prices...............then certain people go short in their personal trading accounts...........
Posts: 39,990
   
Threads: 2,272
    
Likes Received: 5,811 in 5,066 posts
Likes Given: 4,081
CIO