RE:Reason for the recent rally? 13FsMarcel7 wrote: I am curious if one of the reasons for the recent rally in the price isn't the13F's released showing two funds initiated large positions in CXR in the last quarter.
Westpac Banking Corp initiated a position of 1,500,000 shares (listed as $63,840,000 USD in filing). Link below:
Highbridge Capital Management initiated a position of 945,100 shares (listed as $40,223,000 USD in filing). Link below:
Nice find..thanks for sharing. One thing I've often wondred about is how large acquisitions like this could be executed without significantly driving up the sp.