Fellow PAN Punters...
Can anyone point to a recent post-restructure Shareholder Register? Given the volumes recently this could be illuminating. Particularly given no new or changes to substantial holder positions have been received despite the volumes.
Last known: (?)
WSA at 19.9%
Zeta ~ 17.6%
Wyloo Metals (Forrest)~ 3.2
Zero (IGO)...still holding 24 million??
Restructure brokers?
IMO, volume could be due to either Wyloo, or Zero/IGO, or a new player accumulating but yet to reach the 5% threshold for disclosure.
IGO is an unknown quantity. Have they quit the scene totally? But... given they liquidated their position in NCZ in last couple of weeks, are seriously cashed up & also investigating selling their Tropicana goldmine stake to focus on battery metals...could they be rejoining the fray with some stealthy accumulation?
WSA is tagged as the most likely predator in the event of a takeover. However plenty of opportunity exists for the negotiation of the key blocks of shares from the bigger holders by any number of players...including an entity yet to reveal themselves. Zeta as a mercenary investor is the most likely to cough up their stake for the right price BUT who is to say that either WSA, &/or Wyloo, &/or IGO wouldn't come to the party?
Plenty of scenarios that may unfold ...
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