The Hancocks are back, and bolder than ever. It is not secret that Gina Rineheart holds a big chunk of our $500m neighbour Brazilian Rare Earth (ASX:BRE)
Now John Hancock through his closely related entity Lind Partners converted their subscription notice for a big chunk of ownership in AUZ. The subscription notice was back in Sconi days, before it was a debt instrument but now only converted to equity after AUZ have entered into REE being next to BRE.
The last time there was a family feud like this, was on a stock called Vulcan energy which sent the stock flying over 2000%.
https://www.ginarinehart.com.au/gina-rineharts-big-lithium-play-with-vulcan-energy-resources-paying-off/
It is important to note that Lind were debt holders, and now they decided to become equity holders. They were one of the largest shareholders in a few lithium stocks for many years. Now the thematic is Rare Earth.
They are very familiar with Brazil, being a 6% owner in LRS for a long time and made a lot of money. AUZ is next
AUZ all the boxes ticked.
Will the Mum start buying now? Lets see, I have a feeling she will.
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John Hancock and AUZ. Family feud or Family reunion for Brazil Rare Earth?
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1.1¢ |
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0.001(10.0%) |
Mkt cap ! $15.38M |
Open | High | Low | Value | Volume |
1.0¢ | 1.2¢ | 1.0¢ | $391.0K | 36.36M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 13498987 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1923499 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 13498987 | 0.010 |
12 | 23343333 | 0.009 |
16 | 34110611 | 0.008 |
42 | 16249412 | 0.007 |
20 | 56140113 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1923499 | 6 |
0.012 | 6968403 | 15 |
0.013 | 5136481 | 13 |
0.014 | 2853409 | 8 |
0.015 | 2825060 | 9 |
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