Brickworks 15% ownership, page-13

Here’s my theory I have.

bkw we’re not buying on the open market into the cap raise just announced.
the logic, they someone knew a cap raise was imminent and didn’t want to have to pay a higher price when they participated in the cap raise just announced.
bkw had the chance to top up at 4c (20% discount) and now find themselves close enough to the max 20% accumulation level that they figure, they should now start buying on the open market because they will soon hit their 20% max.

my theory continues that the reason fbr hasn’t dropped much if at all since the cap raise is because bkw are buying in nearing their 20% max level. Also, that massive buy order that just went through, that was them, inching more and more to the 20% max.

if, big if, my they’re us correct, a take over offer possibly hostile is possible, very soon. This us kit great for me as a long term holder/believer in fbr, but it is what it is.

I could be totally wrong on my theory. I stress, this is not investment advice. Do your own research, etc etc…

oh and go fbr!!!