Correct they have already clawed back 13% off retail....its a shame people keep falling for it. I wonder what their ideal "retail holding" target is for successful company's. I am betting it is around 10-20% would be acceptable in their eyes. That's just a guess...I note for example a quick search shows FMG are 32% retail owned (we are still 43%)
So another circa 10% of retail to capitulate to the BEOT and then the narrative changes perhaps ?
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