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earlylight

04/30/13 11:09 AM

#246652 RE: dav1234 #246651

Billionaire davey Takes $100M Stake in Apple - USM Holdings


By Olga Razumovskaya

MOSCOW--Russian billionaire Alisher Usmanov has bought around $100 million of shares in Apple Inc. (AAPL), Mr. Usmanov's USM Holdings said Tuesday.
Mr. Usmanov's stake in Apple follows a decline in the share price of the U.S. technology giant. It could not be confirmed when and at what price Mr. Usmanov had purchased the Apple shares, and USM Holdings had no further comment regarding the purchase.
USM Holdings was formed in early 2012 and holds assets in technology, media, telecommunications and mining.

oldberkeley

04/30/13 11:20 AM

#246659 RE: dav1234 #246651

WLT: Even activist minority shareholder Audley Capital, which unsuccessfully tried to unseat the board last week, said that WLT is "a substantially undervalued company with tremendous unfulfilled potential."

I'm still holding.