Well, as you know, as much as we all know 'all' about KMAG, KMAG still has not left us without multiple speculations. I have 4 different possibilities myself, one of which was deleted for whatever personal reasons.
In the order that I believe the most likely, the owner of the 54M would now rank first.
Second would be a 'warfare' player (the possibility I mentioned that was deleted).
Third would be MMG.
Fourth would be JR inadvertantly, if he 'contracted' out his buyback 'program'.
While this may be a fair order of possibilities, the follower of Murphy (Murphy's Laws) that I am, a fifth is not to be unexpected.
Nowhere more than the stock market have I learned, the older I get, the less I really know. And, nowhere in my life have I learned the truest meaning of 'a snake in the woodpile'.
Having said all that, my gut tells me to expect a snake of a different color, simply because KMAG has been unpredictable to date, and nothing suggests it will change anytime soon.
God knows, the growing revenues haven't made a difference. Hell, KMAG is trading lower than when I first bought in almost 2 months ago, which saying 'baffling' is understated.