Has IFC sold its investment? Many are attibuting the recent increase in volume to the IFC selling their position in EOM ...
Have not been able to find any info or announcement suggesting a divestiture.
Given the criticism the IFC has taken, they should have press released such a move.
Also, a look back it appears that the IFC investment was 9,046,346 shares.
The trading volume over the past ten days appears to have been only 6,694,870 (per G&M Finance).
If IFC sold, they would sell their entire stake.
Am I missing something? Any insights would be appreciated.
To add to the many conspiracy theories, maybe Minesa has taken out the "Concerned Shareholders".
:-)