China is down 3.8% today so far after falling 5.3% yesterday,...

China is down 3.8% today so far after falling 5.3% yesterday, people are selling everything.

However, I would think (and i dont know this for sure), but with the way things have been going I would suspect there will be another substantial holding notice in the coming days for Ptolemy Capital which would mean they would be at at least 8.19%.

My thoughts, and they are my thoughts only and have no idea if i am on the right track here, are that if you are a capital firm/PE firm you are not buying a company like this to be a passive holder in a listed company so you can get belted around on the market with all this volatility, you would be thinking that you can take an asset or company private and realise the value that the market will not. They may also have a cheaper cost of capital making it even better for them. Think about is they have already acuired 7.19% between probably 12 to 16 cents. The AUD has gone down making it even cheaper for them to buy also.