GL Limited (formerly: Guoco Leisure)

[propertyinvestor]

As I suspected! Marathon is the one selling down their stake!

But they reported changed of interest was on 03 Aug , so it meant they only sold the 600 over thousand shares on 03 Aug. So who was/were the BB (s) who sold also ?

There is a delay in their reporting. I believe Marathon is in trouble as their own clients are redeeming their funds. They have no choice but to sell their precious Guocoleisure on the market.

Poor Marathon, they were the ones who opposed the $1.20 takeover offer in the past. No they are selling at below 60c to cash rich investors like us