The creep provisions allow for 3% every six months. The weekness two weeks ago appeared to be caused by LRF selling (see their dreamboat announcement of August 25. AGO had dropped noticeably on increased volume over the same period). The strength over 3 or 4 days from $8.60 back up to $9.50 was clearly due to Tata buying their 7 million shares. When they finished with that 1.5 million share crossing on Tuesday morning, significant buying pressure came off the stock and the price fell but will probably get back up to $9.50 again today. The negative is that now can't buy a share till end February.
The creep provisions allow for 3% every six months. The weekness...
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