s2096914, Pie look like they acquired their stake at about 5.9c around January when the market was at levels not remarkably different to what they are now. Since that date, they've received a 0.2c dividend. With an effective cost base of 5.7c, I don't think PIE are sweating because shares have dropped to 5.5c on miniscule volume. On top of that, if I read their FUM correctly, the position doesn't even rate 1% of total holdings. I reckon they are probably quietly confident... - Eternalgrowth
TTI Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held
