jindal to continue bid, page-15

Posted this back on 3rd december when I did the sums.

"Far as I can work out the register currently sits as follows:

Benny Wu 178 mill
Jindal 50 mill
Aetos 15 mill
Top 20 after benny 48 mill (more if options exercised)
Balance 41 mill

TOTAL 332 MILLION

So the register is gradually tightening up, and it is encouraging to see Jindal have bought another 3.4 mill in the last 3 days."

So apart from top 20 and the big players, there were only 41 mill spare shares floating around. Jindal sold 5 mill over 3 days, 9 mill went through yesterday, and 4 mill so far today. That is a fair slice of the neutral shares changing hands, or one of the big players is exiting or taking a position. Be interesting to see atop 20 list at current date.