quietly putting

This one has been pretty quiet, given the attention on some other education providers.

Just noticed that PIE funds bought 700k shares at 89c which is much higher than their initial purchases...noted that the 700k looks to have been sold directly to PIE from another substantial investor.

Obviously they still like what they see if they are prepared to increase their stake to ~15% in what is a very illiquid company.

I thought the company was roughly approaching value, but I am fairly conservative in my estimates and look forward to seeing if the next set of accounts justify holding (or increasing as PIE is).