Just pure speculation on my part that Waislitz is buying up again in past / upcoming few days. If so again it could be another lazy 3-4m shares top up. If so it’d average him down to around 31c. That’s around 10% of QFE locked up.
Other instos seeing a re-rate down the track would have to pay much more than that to get a meaningful % holding given little liquidity. Doubt there’ll be any seeds left looking to short.
