The Orbis group has increased their interest off Macquarie at much higher prices than today it appears. Looks a carbon copy of a mirror PPX bounce, although this time, I waited to get very close to the rock bottom IMO. Could have easily bought at 40 plus last week but thankfully refrained. Nie potential %s are apparent IMO.
Why would Orbis buy when FPA are reviewing their capital structure and examining a range of potential sources of capital?
Time will tell but at 30.5? (Yesterday's low 31) - surely she is a bargain with sig upside?
I'll hang tough and have a chat to myself occasionally on this very topic.
The Orbis group has increased their interest off Macquarie at...
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