SEQ 0.00% 46.5¢ sequoia financial group ltd

Ann: Appendix 4E and Annual Report Year Ended 30 June 2019, page-9

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    My experience since results , not loading the bases- they are letting it climb slowly and build volume then trying to get 100k out at a time. With the amount they have left its probably only going to clear itself after the half year. Would presume they would be pursuing off market sales but Sargon can probably use creep rule but that isnt enough I would assume. Plus I must conclude that the OVH saga suggests they dont have funds until they list. So management a possibility but they look fully loaded and theit buying pattern seems to suggest they are buying when they can but are pretty well all in.
    So that leaves a new entrant- not sure anyone would do that unless its a cleanout of the holding in one hit.
 
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