nfe good buy , page-115

Heres one from left field for you to ponder.

I notice OM holdings, NFE's second largest shareholder with 11% holding approx. 50m shares, recently raised $24m from "strategic investors" 30th May 2103.

Strategic usually goes hand in hand with some form of strategy to which they benefit, and required a large 9% share raising without annoying or having to convince the current holders, under the 11% rule.

So what could they be up to?

It could be they believe NFE are/were in a soft position due to the stop work issues surrounding the mill and decided on a strategic hard selloff of NFE around the same time as their own raise, to enable them to deleverage their position with extra funds in the bank, with the strategy being to then re-accumulate even more at a much lower price with good cash reserves required to be able to do so.

Just a theory.

Would need to see some major holder notices from them shortly to hold any weight.

Being a manganese player themselves, they took the strategic position of buying into NFE, why not use it to their advantage when the see a way to buy back cheaply.

They also did NOT participate in the recent raising at NFE, but were diluted of course, adding more weight to the argument, perhaps?