Ann: Change in substantial holding from AAR, page-2

So they have clawed their way to near 62%.
Pretty slow going really especially as CP has chucked in his shareholding according to the announcement yesterday. At least I presume he has ditched all his shares. The announcement yesterday indicated that he was no longer a substantial shareholder. If he has kept any then he is certainly below 5% in my view.
The mountain is getting steeper and perhaps a little more slippery.
Another 28% might prove to be beyond AAR's grasp and essentially a bridge too far. Fascinating to watch. Fight, Fight, Fight. Let the freight train trundle off into the distance. There maybe no bridge over the gulch ahead.