Ann: Race Oncology Share Purchase Plan Opens, page-346

Also consider that fund managers cannot hold on to a stock and take no action if it has gone up 10 times and sticks outside their portfolio allocation limits. They would have to trim their positions and reallocate to other stocks/ investments. I have 2 stocks in my portfolio and roughly 50:50. I plan to hold them even after they have gone up 10X to 100X. They cannot do that. Their mandates, compliance teams, fiduciary obligations etc., get in the way.

However there are benefits if you have famous fund houses join your register and stay for years on end. But does that fund have patient capital or do they need to also explain to their investors/ mgmt what is happening and why, and hence why they need to take action or not do anything for years?