It has yet to appear as a shareholder notice to the ASX, but from the fairly significant volumes being traded in the last couple of days, one guesses that Mr Lev Mizikovsky of Brisbane is continuing to sell down his extensive holdings.
He's entitled to do this, but I'd love to know why. Perhaps it's simply a matter of him not wanting to have so many eggs in a single basket.
Notably, Australia's second oldest listed company, SOL, with its stellar record of good management for all SH under Mr Robert Millner, does not appear to be divesting any LAU shares. That's a jolly good reason for us to continue to hold, even though as Treasury Secretary Mr Steven Kennedy said yesterday (if I may paraphrase) "the good economic times are over".
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