Seriously concerned at the plunge today down to 15.5c. A reasonable recovery, low volume... but what is it telling us? Bad day? The depths explored and bottom found?
Whats with RAB Special Situations (Master)Fund LTD? I can't find the initial buy in... was it on market purchase or special issue? Looks like...
- initial holding declared 52million shares when price was around 27c.
- Then reduction on 29/2 (notice 14/4) from 52 to 34 million at around 40c.
- Then another reduction 34 to 33 million on 18/7 (notice 29/8) at around 25c.
What is their next move? Doesn't seem in their best interest to sell beneath apparant purchase price?
Can anyone give some more information or comment? Crazy value atm?
Rennies.
rab
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)