If it was a t/o why buy 19.9% - 20% is threshold for t/o.....unfortunately with this share it tends just to fall back again once news has gone...but with MQG still in there there will probably be some corporate action over the next 3-6 months...it could well be a "blocking" stake - knowing that they need 80% shareholder acceptance to acquire.....could be a good "greenmail situation" - RP data guy got a great return for his money - if there is corporate action watch their 52 c investment grow nicely as they hold up any t/o....
BLU Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
