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Collins St are still selling I would imagine. I dont think they...

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21/03/19

15:18

Post #: 37840867
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Originally posted by Von Rico: ↑

Obviously Collins St Value fund, the seller, is what has driven the price down having sold about 20% of their holdings. I would say hedging their bets in case financing deal doesn’t come off, which has sent the price to a record low today.

There’s a bit of nervousness in the market due to price, lack of buying as we await refinancing news.

Only the inner circle really know the probability of the finance deal coming off. If it does come off in the time frame that Dominic has stated
then we will see a decent bounce but I assume Collin St is divesting just in case.

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Collins St are still selling I would imagine. I dont think they are hedging their bets I think they see their money better placed elsewhere

CM8 Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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