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Ann: Ceasing to be a substantial holder-1PG.AX, page-4

  1. 8horse
    34,330 Posts.
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    28/07/16
    17:44
    Post #: 18391415
    Harbour Asia Opportunity Master Fund only managed approximately $171m fund, they invested $36m in 1PG, lost $30m. I suspended they were forced to sell to liquidate their positions.
    The buyer probably took this opportunity to push share price down to buy at low price from Harbour.
    The interest part is who bought their shares.
    1PG Price at posting: 40.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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