WLD 4.17% 12.5¢ wellard limited

If I was reading the tea leaves, I suspect it was Sandon Capital...

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    If I was reading the tea leaves, I suspect it was Sandon Capital at the table early. And I think they will continue to sit at the table until they can accumulate >10% with focus on reasonably sized parcels ie 100,000's +. I suspect though that they will struggle to accumulate much in the short term ... lot's of punters will be sitting on the sidelines content with seemingly ever improving performance.

    of course, I've been wrong before

    Have a great day
 
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