So your investment proposition in CCX now relies on BB? Sounds...

So your investment proposition in CCX now relies on BB? Sounds like more speculation to me. For argument's sake I think it's fair to say that if BB is interested then he'll be looking to acquire it at prices well below where you were originally calling it a Buy. After all, he's managed to acquire his 10% without any ongoing appreciation in the share price, has he not?

Having HNW individuals take an interest in your company isn't necessarily a great outcome for ordinary shareholders anyway. Just ask the ex-shareholders and shareholders in Ten Network and BWX.

If I was a HNW looking to acquire CCX I'd be waiting until the point of maximum pessimism and with more pain coming through in the wider economy and a recession being predicted by some I'm not sure we're there yet.