Hi All4,165,264 shares were traded in KAH last night closing at...

Hi All

4,165,264 shares were traded in KAH last night closing at 242.75p.

3,619,651 went through at 243p in one trade.

Unless they are being bought on behalf of CGNPC, you would assume that whoever is buying at that price is looking for a better return than 0.55p?

Henderson has also continued to sell down their holdings:

QUOTE

"Today, Taurus was notified by Henderson that, on 26 January 2012, Henderson sold a further 430,422 of its Kalahari Shares that were subject to the non-binding letters of intent. Accordingly, these non-binding letters of intent now apply to an aggregate 1,362,813 Kalahari Shares, representing approximately 0.5 per cent. of Kalahari's existing issued share capital of 254,765,894 shares."

http://uk.advfn.com/news/UKREG/2012/article/50924676

Another hedge fund "Ersel Hedge SGR S P A" also made an announcement that they have increased their long position by 1,500,000, via a CFD, at 242.92p.

http://uk.advfn.com/news/UKREG/2012/article/50926996

Regards

Steve