re: Ann: Change of interests of substantial h... from memory I...

re: Ann: Change of interests of substantial h... from memory I think colonial and perennial had about 10% and 13% of the shares on offer
i'd say that perenial thinks that tpg has walked otherwise why would they sell?
Obviously they are not going to wait around for a lower price, probably because they know one is not forthcoming.

I think you might have to hold this one long term to make any money on it
a few positive things on the macro front
retail sales are up in the US and the us dollar could strengthen against the A$