yes, he now has 12%,though he did buy all of these before the...

yes, he now has 12%,though he did buy all of these before the announcement that cancelled the distribution so his holding is worth millions less than he paid for it and he misses out on an approx $2 million distribution payment . His average price is still better than mine though! I continue to hold in hope,can't see the point in selling at such low prices.-
I hope john kinghorn increases his holding again now that the bad news is out.Would like to know his motivation for buying.
shan