Ann: Change in substantial holding, page-7

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EddieB

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21/11/19

01:37

Post #: 41543791
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Originally posted by ContraryJ: ↑

You are firmly in the camp of those that said how great this was when they started it and now to minimize the impact, you say that 4.5M shares are unimportant. There current holding of 5.22 % are very interesting. Why would they stop there. If they got below 5% no further reporting required. They can buy and sell and never report anything. My guess is they could not sell the shares to get below 5% without causing a bigger fall. I believe they see the very real possibility that REO prices will reduce H2 revenue to where both cash flow and Profits are red. They are seasoned investors they know the impact of going from Black to Red. My guess we will see another announcement putting them below 5 % before the end of year. Now the question is what are the other two funds doing. AUS has told us none are selling. But FIL was its your guess.

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I'd be VERY interested in any quotes from me about "how great this was when they started it".
There are none, you simply make this stuff up.
I think they're traders and likely to go either way.

LYC Price at posting: $2.27 Sentiment: Hold Disclosure: Held
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Last $12.24		Change 0.340(2.86%)		Mkt cap ! $11.51B

Open	High	Low	Value	Volume
$12.05	$12.35	$11.98	$38.37M	3.155M

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No.	Vol.	Price($)
30	10246	$12.24

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Price($)	Vol.	No.
$12.25	10733	27

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No.	Vol.	Price($)
4	1590	12.220
19	9098	12.210
14	18658	12.200
8	14703	12.190
9	10933	12.180

Price($)	Vol.	No.
12.230	5544	9
12.240	18837	29
12.250	12112	24
12.260	18069	18
12.270	10193	10

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Ann: Change in substantial holding, page-7

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Ann: Change in substantial holding, page-7

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