Ann: Becoming a substantial holder, page-3

That's kinda a pretty large investment for a previous non-holder. Wonder if the shares were bought off the broker as part of uptake of the shortfall? Its a bit hard to tell from the announcement. If it is, it would seem that they will have little trouble shifting the shortfall, and it may well end up in hands that are in for the longer-term, so will minimise the churn in the near future, hopefully allowing the SP to increase somewhat towards fair value for the assets now held in terms of Indee and all that goes with it, as well as the in-ground gold resources estimated to date. At some stage the SP should IMO recover from the falls associated with the uncertainty surrounding the sale of Indee, and the dilution caused by the low CR valuation. I suspect though, that all the additional conglomerate valuation has now been removed from the SP, as NOVO continues to disappoint with its lack of quantitative results.