UML unity mining limited

Ann: GoldStone Homase/Akrokerri Resources Update , page-16

  1. 1,081 Posts.
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    re: Ann: GoldStone Homase/Akrokerri Resources... RMV,

    Why do you think its MYG.

    Have to say that 20 million last week looks very suspicious - no change in substantial shareholding - as per the corps act (S672 I think) any change in substantial holdings greater than 1% has to be notified to the ASX.

    I think nominee holdings can be used to get around this (makes a joke of the corporations act - hey whats new)- so we have someone with a sizable shareholding just below below the 5% threshold - undoubtly so they can vote in accordance with management.

    Maybe more will be revealed prior to month end when the full year results are released.
 
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