Ann: Becoming a substantial holder, page-7

Centrebridge bought continuously up to yesterday,when they interpreted that they should,for the first time,give ASX a ssh NOTICE.
Its a better than even chance that they are in there buying as 12.7% is a moderate holding by my measurement of what a hedge fund might want if you take the view that BLY regards them as a hostile party and one they would prefer not to have on their register.
Be careful- the ratio of declared buyers to declared sellers has gone back to 1 to 3 and my gut feeling is that some of those "different" buyers are likely to be Centrebridge who will want to get to a "negotiating %" asap.
I don't think BLY are in control of BLY,and haven't been so for a while.
The perils of far too much debt.