UMC united minerals corporation nl

questions for matt hogan, page-30

  1. 13,335 Posts.
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    My question to Matt is very simple.

    ☛ How do you explain the accumulation of shares for our new registered substantial holder, Citicorp Nominees Pty Ltd?

    Citicorp held 2,146,689 FPOs as per top 20 dated 14/8/2008 and miraculously jumped to 12,718,404 as per Form 603 dated 19/9/2008, an increase of 10,571,715.

    Taking into account a three day settlement period prior to 14/8/2008 and 19/9/2008, a total of 6,520,447 shares were traded.



    If Citicorp purchased all of the above FPOs, we have some 4 million they must have acquired via an off-market transfer and more than likely from another substantial holder.

    ☛ WHEN?
    ☛ WHERE?
    ☛ WHO?
    ☛ WHY?

    I've invested in a public not private company.
 
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