InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,207.20
(
0.00%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.40
(
0.45%
)
Bitcoin
62,222.97
(
-1.48%
)
Post# of 63744
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

baystock1

Send PM Follow Ignore
Followers 9
Posts 385
Boards Moderated 0
Alias Born 07/23/2002

baystock1

Member Level

Re: ~ Blue ~ post# 16474

Saturday, 01/10/2015 6:05:20 PM

Saturday, January 10, 2015 6:05:20 PM

Post# of 63744
It looks like the BlackRock SEC filing is to report a decline in their ownership in Banro. They use to own much more than 10%.

Per morningstar BlackRock has reduced their holdings by 5%:
http://investors.morningstar.com/ownership/shareholders-overview.html?t=BAA

The good news is they still own 10%. The bad news is that they can still sell their position down to zero. But hopefully this was distressed selling due to fund redemptions rather than due to a change in their outlook on Banro's prospects.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up