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Chris Cooper has raised his stake also. Unusual. Unusual under...

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824 Posts.

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12/09/14

14:37

Post #: 13966467
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Originally posted by redgum ↑

Well management certainly is developing an interest. I notice that this new buying takes them from 19.86% to 21.11% of the issued shares.

Isn't 19.9% the trigger point after which you either have to make a takeover offer or declare that you intend to creep your holdings at no more than 3% each 6 months?

I don't see either of an offer or a statement of creep. Don't Americans have to abide by our rules?

redgum

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Chris Cooper has raised his stake also.
Unusual. Unusual under the circumstances.
I doubt they would get another Carlyle but who knows

RDF Price at posting: $1.09 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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Chris Cooper has raised his stake also. Unusual. Unusual under...

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