Looks like they have been active buyers on market in OZL for several months and only just gone above the 5% sub holder reporting level.
Curiously OZL have show interest in CDU in the past ? any tie up there ? I imagine when M & G get to 19.9% of CDU that would be handy parcel for OZL to go with their 19.9% of SFR.
M & G would retain an umbrella holding through OZL to the future upside in CDU and SFR and no doubt would be able to make a handsome profit on their current average price of $2.48 ?
CDU Price at posting:
$3.72 Sentiment: Buy Disclosure: Held