orbis buying

All Ords were down 1.31%. Nbs gain 4%. Orbis had been very successfull at buying REITs at its low point and reaped the rewards when it bounced back. Its a positive sign that Orbis had increased there shareholding to around 9%. The people at Orbis are on to something. They've buying Nbs share on any sign of weakness in the past few months.
The downside risk for Nbs are unlikely as more fund managers are buying. They tend to hold onto the stock rather than trading the stock like retail investors. This will create less supply of shares to the market. More demand from good news for Nbs and less supply of shares will only create an upward momentum.