Goodbye Mr. Chandler

[TomCrooz]

If Mr Chandler continues with the type of investing prowess he has shown over the past few years, he will become the answer to the question " How do you become a millionaire in the stock market? Hint: start out with a billion. His net worth was 5 billion in 2012 and currently( via Forbes real time estimate) is 2.6 billion. Maybe brother Christopher was the brains behind the investment portfolio and thus the split in 2006.

[Palm]

Exactly. In the conversation with WU2 this AM he stated that Chandler is a billionaire and it's hard to know his "ways". I said "Yes but at one time he was a 2 or 3 billionaire, now he is just "a billionaire"? He did chuckle a little.

[KnowTheFacts]

Anyone see who the banks were on this secondary?

Per theflyonthewall:

This Week's Priced Deals
Symbol	Type	Price at Filing/Range	Shares	Managers	Day
InterOil (IOC)	Block Trade	Priced at$42.00	4.8M	MSCO	(week of 07/20/15) Monday night
07/20/15 -- Shares are being re-offered at $42.00. 18:27 update

[Gator]

Chandler Said to Have Sold Almost All of InterOil Stake: AFR 2015-07-22 07:51:02.588 GMT By Christopher Kingdon (Bloomberg) -- Chandler Corporation’s stake in InterOil is said to have been reduced to “near zero,” with no explanation having been given to InterOil, Australian Financial Review says, citing unidentified people familiar. * Trades said to have taken place in three tranches over past three wks including one on Tuesday * NOTE: July 21, InterOil 4.8m-Shr Block Prices at $42, Fly Says * NOTE: July 15, Orchid Capital Sold 3m Interoil Shrs on July 13, Cutting Stake to 4.895m shrs * NOTE: July 14, InterOil 3m-Shr Block Prices at $46.50, Fly Says

[Palm]

He gone

[AD123]

and Stevie Cohen (Point72 Asset Management, his family office) just picked up 6.3% (per 13g filing)

[Gator]

Orchid Capital Investments Pte. Ltd.

SCHEDULE 13G/A

Shared voting power 0

It's official.