Ann: Change in substantial holding from SNC, page-12

"Question is what holding are they trying to achieve. 15%? 20%?"

good question IMO.. and the best fit I can find in % terms is 19.9%... at that stage they are not liable to answer the query "what are your intentions? Are you about to put in a TO offer for 1AG?"... and then slowly next year they can creep up in % points slowly and steadily without showing their hands...

I guess if we get one more increase in holding, I will be thinking 19.9% levels are where they want to be at... if so, we will all have to patiently WAIT until they are done... unless of course 1AG announces something HUGE...

FRUSTRATING to see this quiet period off... unavoidable but could prove to be a great time to top up if one has not done yet...