Yup they are making a play....it's IOOF Holdings Ltd. They have bought into COE above 5% and are now a "substantial holder" plus they probably also bought into Senex.
Medium to Long term its a very good move...We can only hope that more investors/companies buy in and push the SP back up near and above $0.60AUD.
SXY Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held