I also liked the look of the market action today.
I worried me slightly that some fund may be warehousing the shares (for Xstrata) bought on market.
But then I assume this would:
1. Most probably be illegal – and
2. The fund would have to report any interest over 15% anyway.
As for the Substantial shareholder Notices --- where are the 60 million shares that have been traded --- and I find it rather strange that someone has not accumulated a relevant interest of >15% (20 million shares)
A matter of being patient I suppose.
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