ASE 0.00% 2.9¢ astute metals nl

Ann: Ceasing to be a substantial holder , page-49

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  1. 5,261 Posts.
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    Hi Downside,

    Thanks again for your valuable input!

    The change in substantial holding notice on 10/02/2010 states that King Dragon actually held 100M shares...

    Less the 57.797 mil shares they sold from the 7/10/2009 to 22/03/2010 leaves them holding 42.203 mil shares...

    The trading volumes for ARO on the following days suggests that King Dragon are gone and Gun Capital Mgmt (87.5 mil shares as at 2/3/10) are just about out of ammo..?

    23 Mar 2010 - 125,632,674
    24 Mar 2010 - 104,689,299
    25 Mar 2010 - 96,773,622

    Now bring on the good news!

    JB
 
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