Good informed posts roidz, shame I didnt see them last week.
I have noted that Orbis Global Equity Fund, on top of all the shares they already own, invested millions at $3.85 last week, just before the announcement that drove price to $2.80. I thought they would not be too happy about that.
They have now gone and invested another $9m+ to acquire more shares at about $2.85 pushing their ownership to 9.69% and losing a heap more money based on today's close. They seem pretty keen on the stock, any idea who they are or who they might be acting for?
Von.
CEY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held