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A rather "interesting" last 20 minutes or so on the SGX today ............. if you are an LHT shareholder that is. Until 16.39 hrs not a single lot had been traded - nothing unusual there, many SGX trading days go by without any LHT shares changing hands.
Then two very large trades were done. One for 1,010,000 LHT shares and the other for a nice round 1,000,000 LHT shares. Both at a price of S$ 0.135 per share. Even more interesting, I note that LHT Executive Director Yap was the purchaser in the 1,010,000 trade - a disclosure has just been made to the SGX. It is pleasing to see ED Yap back in the market buying LHT shares - I believe it is fair to say that her market purchases have been a key driver in propelling LHT's share price upwards during the last 12 months. I wonder who the seller is?....... there are only ten (10) shareholders holding 2 million or more LHT shares?? And I wonder if Billy Neo, son of the CEO, was the buyer in the other big trade!?
Vested
Then two very large trades were done. One for 1,010,000 LHT shares and the other for a nice round 1,000,000 LHT shares. Both at a price of S$ 0.135 per share. Even more interesting, I note that LHT Executive Director Yap was the purchaser in the 1,010,000 trade - a disclosure has just been made to the SGX. It is pleasing to see ED Yap back in the market buying LHT shares - I believe it is fair to say that her market purchases have been a key driver in propelling LHT's share price upwards during the last 12 months. I wonder who the seller is?....... there are only ten (10) shareholders holding 2 million or more LHT shares?? And I wonder if Billy Neo, son of the CEO, was the buyer in the other big trade!?
Vested
RBM, Retired Botanic MatSalleh