ISF isoft group limited
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It seems Orbis has a track record of buying controlling stakes...

  1. Mackstart
    522 Posts.
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    12/06/10
    16:19
    Post #: 6799274
    It seems Orbis has a track record of buying controlling stakes of 'down and out' company's such as Isoft in hopes of achieving a takeover premium:

    http://www.bloomberg.com/apps/news?pid=20601085&sid=a.s4dJrbaEsc

    Seems like they have stuffed Warren Buffett over a couple of times with Cannon and the like.

    I wonder if they intend to accumulate a larger position, especially since their current average is 38.5c... well above the current SP...

    Just the ramblings of a smelly bottom picker.

    Rgds,

    Mack
    ISF Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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