It was only a $5.5m CR and im sure they all ended up with sub $1m of shares each. For them that is not a substantial stake and im sure alot of the buying we are seeing in the last few days have been these same instos/funds buying up to increase their holdings.
Officeworks is only small fry in comparison to sky or them announcing a new country/market, which will be announced shortly.
TBH i was planning to sell because of the lack of funds to aggressively execute expansion and new product development but now with the coffers full we are going to see news come fast and regular so im happy to be along for the ride.
I luckily bought shares pre Spacetalk, so have been following the whole journey and this is the first time that i actually believe we are going to be a successful global brand in GPS related safety products which makes my skin tingle thinking about it.
IMO
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