Ann: Becoming a substantial holder, page-2

Its no wonder there isn't much trading. All the shares are locked up in big holdings

It seems that the sub underwriting might have gone to big holders rather than a big spread to Morgans high wealth clients.

Everyone is waiting for the big payout when the cash flow tide comes in. its so close you can practically hear it.

I hope we don't get sold out of a big proportion of that upside as part of the refinancing.