Baupost Continues American Shale Theme With LNG Investment
Seth Klarman’s Baupost Group has made another move into the natural gas sector, taking a 6.69% stake in Australian firm Liquefied Natural Gas Ltd (ASX:LNG), reports Angela Macdonald-Smith for The Sydney Morning Herald (full securities filing can be found at the bottom of this post). LNG’s stock price fell more than 7% following the news, but it is still up more than 1000% for the last twelve . . .
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