But I don't think MS are so stupid as to not check the books carefully before they plonked down $80M especially not in the curtrent climate.
My guess is the SP is diving on sentiment alone, mainly people are jack of Eddie (the jet) Groves and it's low volume so the 45% substantial holders are not dumping, yet...
ABS
a.b.c. learning centres limited
bought and called the brokers bluff, page-29
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