Looks to me like the National Bank wants their maximum fill.
Very happy to hold ....Their increased % holding not marked as price sensitive...yet having strong efffect on the SP..( beleive me it is price sensitive don't worry about that )
Regarding Packer ....no threat till 2019 and so many things can happen in between....still his intense interest in Echo simply supports its intrinsic value .
cheers to holders
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