Auto, an interesting comment from you re my throwaway comment...

Auto, an interesting comment from you re my throwaway comment about buying falling shares in general.

Specifically IRT ISD in a previous post I wrote:

“Good question. I had a look at the company releases and found that there were 3 major companies taking a substantial shareholding in ISD fairly recently, Credit Suisse taking about 13 mill shares, pinnacle investments was another. ISD has never failed to disappoint and any news seemed to be bad. Obviously those investment companies must be analysing data differently or have information about an improvement in ISDs situation, but a falling share price indicates a couple of things...... more sellers than buyers, and an overall pessimism about the business at the moment. Thats not to say that an improvement is not just around the corner but at the moment its a long longg long sweeping bend with good visibility and nothing much in sight ahead..........”

As I said, an interesting comment from you considering your disclosure is “not held ?”