Why would AWE go to 4.9% (don't have to announce significant holding until 5%) and just sit there with no intention to increase the holding? Doesn't make sense. Why not go to 5% unless they didn't want to show their hand. They were forced to disclose by EKA enquiries. So now it is out they may choose to proceed above 5% and possibly to a takeover offer.
Still a long way between the current price and the 26-28 cents it might occur at.
Watching with interest.
Why would AWE go to 4.9% (don't have to announce significant...
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