CXH compass hotel group
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bby go substantial

  1. gliontos
    1,302 Posts.
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    03/05/10
    20:10
    Post #: 6648192
    BBY increased their holding in CXH and have gone substantial, holding just under 10 million shares or over 8% of issued capital.

    http://stocknessmonster.com/news-item?S=CXH&E=ASX&N=591452

    I take this to be a positive move, particularly because CXH consulted BBY to act as an advisor on a recapatilisation. Why would they buy more of something that is going to the wall?

    http://asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00994926
    CXH Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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