CXH 0.00% 1.5¢ compass hotel group

Ann: Becoming a substantial holder , page-4

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  1. 1,165 Posts.
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    Hi Finch

    Seems to be a step in the right direction. 8 million shares at a purchase price of approximately 2c is a significant investment of $160,000.

    Add to this Chris Brockwell's purchase of 7.5 million shares earlier this year, Rolland Hill's top up of 2 million shares and BBY's increase. It paints a compelling picture. One would imagine there must be life in this dog if the people closest to the company are prepared to take a significant stake.

    Still plenty of risk on this one, have no doubt about that but I get the feeling something is being worked on otherwise why wouldn't the banks call in the loan and why the new blood???

    Time will tell...
 
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