@Gaja wrote:3) PAP - interesting due to the recent trades. Hemas bought a stake @ 3% in April and if they decide to buy more, it can trigger a Mandatory offer (a very low probability). There was a recent block done which has not been disclosed (I had a feeling that Hemas disposed?)
If the hemas was the seller i feel they should have disclosed by now.
That was just a feeling because if I had looked right, only Hemas had that much holding, unless it was done in multiple blocks, which I did not check.
Anyways, it is unlikely that they saw this as a very short term investment and sold at a loss.