Interesting - it was John Wylie's Tanarra which pushed for the spinoff from Graincorp, and now they've started ramping up the buying again, including a hefty $11.5MM purchase on April 5. Will be interesting to see if it was them behind Friday's surge as well. They run a very concentrated portfolio and obviously must have a thorough knowledge of UMG, so this looks very bullish for the sp in the medium term.
Ann: Change in substantial holding, page-3
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