IEL 1.99% $15.41 idp education limited

Ann: Update on Education Australia Shareholding in IEL, page-7

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    I've tried to explain where there is a fundamental change. But you chose to ignore the fact that it's strategic shareholders that are selling, not run-of-the-mill shareholders. It's not the fact that there is a change in outlook that is causing this share price reaction, but it's the fact that there is now a weaker link between IDP Education and their strategic partners, universities. This can have an impact on strategy down the line. I'm not saying it will, but the fact remains that the partnership link has weakened.
 
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