re: Ann: Allied increases stake in Ian Frazer... I hope that McRae Technology finish selling soon... Can't help but wonder where the price would be if they weren't consistently capping it. Fairly short sighted in my opinion - I mean if ISN can get to 50 then there's no reason why AHZ shouldn't be closer to 10.
From their initial substantial holder notice in July 2011, I suspect they paid for stock higher than they are selling at the moment. If they have been underwater for the last 2 years and have decided to sell now with everything that we can expect over the next few months, then they really need a new investment manager. (or a lesson in how not to invest).
That said, whoever is soaking up all of their overhang has the right idea!
Good luck to all holders
Ann: Allied increases stake in Ian Frazer's C, page-27
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