If you haven;t read it yet Industry Funds management bought 5%...

If you haven;t read it yet Industry Funds management bought 5% of AIO about a week ago. They are an Australian fund for investing in Infrastructure and private equity projects.

This is a good sign as they are not short term investors and do a lot of research before to make sure companies have good return potential.

In terms of yesterdays price movement AIO pretty much did what it normally does on a day when the DOW turns really positive for the first time in a few day

I am not too worried about it. The volume wasn't high. I think it was just that people were too focused on the rest of the market for the announcement to trigger much interest. It was a positive announcement but not what I had hoped ofr in termsof an update in the process. Hopefully that one isnl;t far away.

It will be inereting to see if the bid DOW lead causes people to not lookat AIO again or if one the second big day AIO moves more with the market. This has happened before.