Ann: Becoming a substantial holder-RAP.AX, page-24

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djwally

1,426 Posts.

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20/07/16

09:36

Post #: 18313684
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Originally posted by Lefevre ↑

Great news.
They didnt even participate in cap raise. They just kept buying on market up into the 40's and then got blindsided like the rest of us with the escrow selldown.

They didnt blow their load when panic stations hit. They just bought more at cheaper prices. The old Buffet play of buying in fear.

Interesting that they havent been trying to control the shareprice with a few sells thrown in. They have all been buys. There is no mucking around here.

Directors have mentioned before that there is very strong interest out of Asia. Well now we have the proof. I am confident that there is other funds from Asia under the 5% threshhold. Also i believe there is strong interest from Platinum.

Directors also believe that China will be a bigger market than USA (which will be massive in itself).

FIL obviously dont read Motley Fool and take any notice of the expert chartists that come on these HC threads when the sp takes a downturn.

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Can't help thinking how much more orderly an off market transfer would have been between Uniquest and FIL. SP wouldn't have been ambushed. Uniquest would have received better price. FIL, similar average buy price and possibly bigger holding. Everyone wins right? Well except for the clever traders who managed to buy in at 25. Good luck to them.

RAP Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
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