30.3 mt @ 1.70% cueq, page-133

" that comment suggests you have little insight into how fund managers work and in practice is a mile off from reality. Graham French's valuation model would need to be spitting out at least +30% on $4.70 "

Hi Denial ! my rough maths suggest M & G have spent just over $60m buying 22m shares (15% before OW dilution ) that's an average purchase cost of $2.75 that's over $1 below below what Oceanwide have paid for their current 15%

M & G will need to buy another 13 million on market if they want to also get 19.9% to match Oceanwide ( presuming OW get FIRB and shareholder aproval )

Cheers Hoot