michael_selway
Coal & Phosphate, thats it!
- Joined
- 20 October 2005
- Posts
- 2,397
- Reactions
- 2
Chief Wigam said:We should know more about Cleanaway by the end of this month.
I sold all my holdings for 9.39 yesterday. So I'm out. Bought in at 4.49 around late last year. Had a good run.
Chief Wigam said:Now that the Cleanaway bid has been lost, as expected based on dropping share price in recent weeks, I am looking forward to another acquisition announcement soon. I'm holding TOX as a potential takeover play.
Chief Wigam said:Mike, Not yet. Are you trading it, or holding?
Chief Wigam said:Michael, did you end up buying or leaving this in the too hard basket?
I can't find much coverage of TPI by analysts. Have you see any other articles?
thxDate: 7/8/2006
Author: Nina Wan
Source: The Australian Financial Review --- Page: 17
Transpacific Industries and CuDeco have both enjoyed director share purchases in late July and early August 2006. Non-executive director John Richards acquired 300,000 shares in Transpacific between 27 July and 1 August, and another non-executive director, Bruce Brown, bought 15,000 shares on 1 August. The Australian waste management company suffered a 32% share price crash over the three months since early May, but began an upturn in early August after it announced a series of acquisitions. Meanwhile CuDeco chair Wayne McCrae acquired yet more of the colourful copper miner's stock, purchasing 16,700 shares on 26 July. On 4 August Transpacific closed at $A6.76 per share and CuDeco closed at $A3.15
Chief Wigam said:Big announcement due tomorrow.
Chief Wigam said:Bought back in at 8.01
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