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Coalition of Hong Kong investors Tana Hao announced the purchase of 4 million shares of PokerStars Amaya Gaming. Last week, the investor bought 279,200 shares at an average price of $ 22.36 per share for a total of $ 6,240,000. This was followed by another 500,000 shares with an average price of $ 22.25 per share, a total of $ 11,120,000.
Tang Hao – the owner of more than nine million shares of Amaya Gaming, for a total of about 210 million Canadian dollars.
A number of investor purchases follows the recent sales of former Amaya president David Baazov, who earlier this year sold 19 million shares of the company. Baazov left Amaya last year after he was accused of insider trading.
