In light of the market update today, given that Coliseum are on the Board, so are well aware how the company is doing, its intriguing that they announced on 11 May they had increased their holding by a further almost 3% , the max they can do under the creep provisions. Obviously undaunted by the broad downturn in retail. Can't help but think an opportunistic further take over bid coming to me.
PGR Price at posting:
58.0¢ Sentiment: Hold Disclosure: Held