ASN 11.1% 12.0¢ anson resources limited

ASN General Discussion, page-19791

  1. 179 Posts.
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    I was reminded recently that our Top 20 holders have 31% of all SOI, and now URA has a further 5% and growing.

    Add to that 36% all LTHs who have no intention of selling shares on the cheap, plus who knows how much URA want to gobble up.

    I have a couple of questions of those here who may care to clarify.

    One of my questions is,

    What is likley to occur when someone else wants to buy in large and theres only around 50% of SOI even available? Is there a precedent anyone if familiar with to benchmark against?

    I mean, ASN are getting more exposure, de risking heavily, gaining UTAH government support and other possitive achievements.

    So in my mind, sooner or later it is reasonable to think someone may be willing to stump up more than just chump change for a real slice of the action, and it doesnt seem to me like there is a whole lot of shares for them to buy.

    My other question is, can anyone provide some insight as to, say ASN get into the ASX300 this year, what kind of jump in SP usually happens when companies achieve that?

    Just my thoughts and a couple of quick questions. Nothing else.
 
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