Ann: Change in substantial holding from CVC, page-5

Actually it makes quite a bit of sense. Everyone has a different style. CVC has its own. They hold a 80% of their core position which is Long whilst bolstering $$ and improving the underlying average trading 20%. So yes it’s frustrating when they sell but it’s just their trading portion of what is a large underlying Long. It’s not them giving up on what is a clear Med-Long term play. When market retreats they buy the 20% back. And will likely flip the small portion back around 30c.