Significance of a Significant

Just for those who aren't aware I wanted to highlight the significance of a significant holder of RNT.
Mr Andrew Abercrombie.
Currently holding 4,432,659 shares purchased at 20c representing 5.05% of the shares on issue.
This bloke is a very well informed and educated investor who doesn't take his purchases lightly.

• Currently 75th richest person in Australia with wealth of $651mill.
• Bought Flexigroup in 1988, turned it into a billion dollar company.
• Has been known to be a great spotter of up and coming businesses, and has assisted in the "steering" when needed...
• eg... saw potential in amcom and bought 22.591 million shares at an average price of below 25 cents. Now $2.60.

I've said it before and I'll say it again, IMO unless your a trader don't be concerned with the day to day volatility in a share price, be concerned about the business and about management reaching their targets.

Good Luck to all holders...
and good luck Greece!