new substantial shareholder notice, page-7

Its a pity if this new shareholder doesn't have a good track record.
However just to put their buying into context I have rummaged through their notification.
40 million shares were bought this week around the 9/10c mark.
Prior to that shares were bought at prices up to 20+cents.
Total purchases of approx 64 million have averaged 12.6c ea.
for a total cost of close to $8 million.
Couple of ways to look at this.
Firstly they have been soaking up a lot of shares on the market last week so when they stop buying OUCH !
Ingot Capital have bought a seat at the table and may be a problem for B&B.
REU may be the best buy of the three trusts. ????
Nearly 100 million shares may now be in safe hands for a while.
Ingot could be setting itself up for a tilt at REU.
Finally if the price doesn't go up on Mon. SO WHAT...just another loser to add to all the others holding this stock