Yes, certainly interesting redrun. 10m shares as at today is around 2.2% of the company so it is possible there is some warehousing going on there. I am not sure how that works though. Are you allowed to have a third party purchase on your behalf so not as to breach the 20% rule. At the time that 10m trade occurred walkers interest would have gone over 20% if it was him. But if purchased via a third party and then crossed after the 56m issuance to bpt then this will now not breach the 20% rule. But I am not sure of the rules around that and if that is possible to do. If so then that would make sense and as you say we could see an announcement on that now that the issuance to bpt has been settled. Who knows ! .... I don't ! All I know is we have a very big asset and two chunky shareholders want a big part of it. If it's worth .165 cents or $2.50 - again who knows, but in my mind and that of the largest two shareholders it seems it is worth a lot more than .125 cents ! Patience required Dyor, IMO
ADE Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
