1AG 2.27% 4.5¢ alterra limited

Ann: Change in substantial holding, page-11

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  1. 796 Posts.
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    I do not think it is nothing. Definitely, something is going on. There were no buyers at all for this stock when it was trading below 3 cents a couple of months ago. Now the price has doubled and shares are trading in millions. SNC became a substantial holder and then doubled its holding within a month. A new managing director has been appointed and he has just increased its holding by 50 percent. Most importantly, the company says they are looking to enter a dairy sector and have been looking for opportunities in QLD and VIC. News imminent, I guess.
 
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