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EVN dropped 10% yesterday on the announcement from NCM that they had divested half their holding or 15% of the shares on issue.
They still have a remaining 15% which they said they will hold until at least after EVN's AGM. I suspect they may sell their remaining holding, but the fact is their original selling hardly impacted the SP until after it was announced says to me, yesterday was an opportunity & I loaded up.
Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.
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