Tungsten Corporation - TUNG Stream Log

Note the date- July 14th so not new news

I think TUNG has always been clear that it aims to capture the Fortune 500/top tier companies (and their suppliers) rather than go after a million tiny SMEs. It also offers tax-compliance in 46 countries and growing. Paypal and Secure Trust are probably handle payables that are much. much smaller than a typical TUNg-size invoice so I dont think this is anything to worry about.

With you all the way on this one Willow and your reasoning is well explained.

Re: Pay to submit invoices to OB10 ???

correction- Kames were at 4.9% in Jan, not 5.6%

Re SP action in April, it seems to be driven more by a couple of big institutional holders reducing their stakes rather than aggressive short-selling (although tech rout and QPP must have had an effect of retail investor sentiment too). Kames went from 5.6% in Jan to 3.72% on 10 Apr and then to 2.55% on 16 Apr. TT went from 5.6% in Jan to 2.72% on 22 Apr. As they dont have to notify further changes once they are below 3%, the selling could well have continued after that. Slightly worrying that they both decided to sell at the same time, but I wont read any more into it unless I see that the other big holders- Fidelity, Wellington, Schroder or GLG- have also begun to sell.

Welcome to the new Tungsten Corporation stream forum! Messages posted in the Tungsten Corporation stream will be logged here for posterity.