anyone name a substantial holder, page-9

The previous sh rego shows, prior to 22Nov ann, no one single shh has more than 3%.

Btw 22Nov to 10Dec, it has turnover of of 3000m or more shares. That is 3x the issued head sh.

Most old shh (and opt-holders) would have sold out for a quick profit. They have been holding the stale 1c shares
for a long long time.
Their recent 1.7c rt also give them 500% gain in a few months.


Everybody in Pilbara knows FMG is the most logical suitor.

If I were Mr A Forrest (FMG) I'd be telling my buddies to buy 4.99% each, without having to disclose asx substansial holding (5%).

When he ann a takeover offer in the future, his buddies will just throw in the shares, and make a quick profit.
AndrewF (or any of the Top 10 biggies or hedge funds)
need only 16-18 buddies (x4.99%) to plot a simple 80-90% takeover.

If the scenario is right, then it's mission accomplished, 2 weeks ago.

We shall see the story unfolding in the next 8-12 weeks.!