I liked when DGO and Regal took positions on the register as it meant there was some competitive tension rather than NST holding the key stake. My read is that NST are redeploying their capital as they are not going to pick up YRL on the cheap (and perhaps a bit of a nose thumbing) so what is the point of keeping it locked up but am sure they will still be watching developments... positive that the whole stake was taken off market by others who believe in LT value to come....
YRL Price at posting:
57.0¢ Sentiment: Hold Disclosure: Held
