Good Morning PP,, All quite credible stuff,EXCEPT when he got to...

Good Morning PP,,
All quite credible stuff,EXCEPT when he got to the part about " the fund managers "..
I think that you need to send him an e-mail and challange him on this.

Funds will gain a holding in a company in a few ways :-
Buy them on market...
Buy in EARLY, and accumulate through share issues...
Buy the holding of another fund...
Buy the convertable notes...

With high income very close to commencement, AZZ may very well NOT issue any more convertable $2- notes,, SO that avenue is a bit iffy...!!

There's is no holding insto that would sell out now in the face of up-coming success,,SO thats out too .!!

Even if they were already in,, There will be NO more share issues...SO thats OUT as well ...!!

So that only leaves an on market buying..So if they believe that fools are selling......Then they should be buying what they are selling...."" NOT waiting until they have finished "" Because that's the only way the're going to get any...!

I'm also highly sceptical that James would have made a comment like that..!
Your broker did'nt sell used cars, before he got into selling shares ,,did he...????