Welcome to SNU Subaru555 and well done on your research.
I have been and still am (for better or worse) an SNU holder since the float in 2007 and along with most holders believe we have been well informed and understand the reasons behind the recent sale leading to the Talbot / Citic increased holding, (along with a great many of mum & dad holders who took up the 9 for 14 @ 5.5) as the offer was well over subscribed. I also believe SNU will be better for the change as Talbot is a goer, cannot do better than the man that owns the store running the store, and he along with Anderson have excellent industry credintials.
I also believe a little more research will show that Andersons 125,000 were at market, around .08, nothing to do with the earlier offer, so good on him for at least adding some (more?) of his own dollars. All info available on ASX releases.
My point / question to Grangeman (as picked up by Bowser) was did he think SNU have an MD who would be stupid enough to act in this manner prior to ANY announcement, on this, or as he indicated, previous occasions.
SNU Price at posting:
7.8¢ Sentiment: LT Buy Disclosure: Held
