Allan Gray becomes a substantial holder at SP 1.26 and 6% total shares on offer after the bad news.
they top up 2 times since with 1% total shares each time at around $1.10.
now, if they didn't invest in AGI whatsoever, the current SP would be below $1.00! the only thing that is holding the SP up artificially high is Alan Gray.
so if Alan Gray had discussions with management and is still buying, it means that the management advice they are getting is different to what is being released to the media!
basically, both Alan Gray and AGI are walking on a tightrope with ASIC. they will now pounce on anything that smells of possible corruption because of the Royal Commission!
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