I keep saying, you need to follow the insiders.
John English has split his holdings between his charitable trust and himself.
How will a charitable trust come up with the money to participate in any capital raise?
next John English wants to maintain his control.
he controls both through his holdings and the charitable trust.
he needs an action strategy?
as outsiders we don't know that strategy.
so just hold a small shareholding and wait
Turn Around, page-51
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