Another possible scenario is they have bought for Wesfarmers but also other clients which took them over 5%...might be Wesfarmers are 4.9% and the balance that tipped them over 5% was for other clients as seems odd to go to 5.13% and thus be forced to disclose.
The stake is worth $200m+ which is a large bet for a fund manager with $5b but not out of the question if they see real value at $6...
Still have the US debt to deal with which is having some issues, not as easy as they initially thought it would be. But at least some positive news flow
Still have the US debt to deal with which is having some issues, not as easy as they initially thought it would be. But at least some positive news flow
As in one fund manger buying shares?
And then, someone planting a BS story as to who was buying?
Bookmarks