Every day that goes by the annualised return for these guys gets greater and greater, meanwhile holders have less and less time to payday and less impetus to sell.
By my reckoning they'll happily be paying in the 90s to a $1 approaching ex dividend date.
But then after ex div these guys have no business owning an explorer, their exit will be interesting to say the least.
Ann: Change in substantial holding from MS, page-2
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