Its not good if these are going to stay at present levels, only to be compulsory purchased in the future! If he does increase his holding with more purchases then I am not sure if its a good thing or not. Is it 70% he would need to take it private and to compulsory purchase the remaining stock? I would have thought it would be more comforting to see his holding stay as it is, that way his main goal is to increase the value of the company and the shares for everybodys benefit including his own. If his holding continues to grow then he may have other ideas to the benefit of himself and not to the favour of shareholders if he decides to take this private.