Does the Bank have a large holding in AOP (news available to me doesn't go back far enough to say) and have estimated the price of ERX holding from that? Or is it a misprint? They could certainly have picked up 27m shares onmarket in the 3 months specified.
Hold a few ERX via AOP (or will by next wext week) & want to build up parcel to round it off. Otherwise sentiment would be "Hold", since I believe that pog will continue to fall until end April/early May.
pmd3nka
Ann: Becoming a substantial holder, page-15
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