MRM 0.00% $2.69 mma offshore limited

market manipulation occuring over last week!!!, page-9

  1. 12,881 Posts.
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    Pezza

    CBA did not pull the pin and sell out of Mermaid Marine Australia

    CBA had 10,138,587 shares in Mermaid Marine Australia which equated to 5.54% of the company

    CBA sold 975,817 shares in Mermaid Marine.

    CBA STILL HOLD JUST UNDER 5% OF MERMAID MARINE AUSTRALIA

    When you get under the 5% threshold of owning a company it must be reported to the ASX. So they sold just under 10% of their holdings

    In totsl approximately 3,000,000 of a total ownership of 26,300,000 have been SOLD DOWN by 2 holders of Mermaid Marine Australia

    Do not take my comments personally
 
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