And while we are at it, Norges Bank Investment Management (read Norwegian Sovereign Wealth Fund) recently increased their small holding by a stonking 21,65 million shares to 23.57 million. Now why would little old Ocado even be on their radar?
Yes I had read this piece. Paul Clarke makes the interesting point that if you don't start with groceries (time sensitive perishables) down your integrated home delivery pipe, then you are starting from the wrong place, and he is effectively saying that it may be very hard to catch up. Frankly I cant see anyone other than possibly Amazon even trying, and they are well behind the curve. Why reinvent wheels when you can just buy them and stick em on the cart.. Also you will have noted that Nick Roditi increased his interest around the 20th of last month via his investment vehicles by 1.32 million shares to a total of 81,045,512, or 13% of the company, so I think we can safely assume that something is going to happen sooner rather than later.
I believe you going "Long" has killed it, looking oversold now though
I hope Tim Steiner has his explanation ready if this next deal doesn't come though in the next 3 weeks after his comments earlier this year. I don't believe this is helping the SP right now unless he's saving the news as a Xmas present for us longs!
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