FYI if you're going back to the source of all the shares and if they were 'purchased'?
Volcan (Pnina and Sholom) sold Volcan Queensland Bauxite Pty Ltd and Volcan South Queensland Bauxite Pty Ltd to QBL (now CGB) for a total of 105,000,000 shares in QBL. These companies held the bauxite tenements that have been surrendered a long time ago. The shares at the time were worth $0.215. That's about $22.5M worth! Shareholders approved the transaction of course...
There was a notice of change in substantial holding on 14/12/2010
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-113
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