CER
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Today's late announcement shows Orbis has sold down from 353.6m...

  1. buffett
    3,298 Posts.
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    16/10/09
    16:51
    Post #: 5792057
    Today's late announcement shows Orbis has sold down from 353.6m (15.4%) to 327.6m. (14.35) on the 14/10/2009. It looks like Orbis is now ready to lighten its holding in CER. CER will need plenty of buyers to absorb Orbis's 327.6m. shares remaining, so it could put a bit of a dampener on the share price for a while.Would be nice if company could find a buyer for this line, then it is out of the way for CER existing shareholders.
    Regards
    Buffett
    PS: No investment advice given on CER, please do your own research.
    CER Price at posting: 20.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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