8.5 billion tonnes of potash, page-28

What a manoeuvre today. Can someone remind me to bash my mate and brother for phoning me whilst all the action was happening in the first 15 minutes, and I missed golden opportunities to make another $30k.

Someone mentioned Madame Cheung is still in. How do they know? No 'Notice of substantial holder' was lodged, hence we won't get a 'Change of substantial holdings'.

Interesting thing is, the 2m shares issued to Madame Cheung is 4.8% (2,000,000/41,712,165). Pretty close to the maximum without needing a holdings announcement.

So Madame Cheung spends $2.4m (0.40c x 6m shares). But what if she dumps the 2m shares at over $3? That's a return of $6m. What if she can dump them for more?

Then the announcement comes out that they've conducted DD and that they won't be proceeding with the purchase. But Madame Cheung has already cleaned up.

A conspiracy theory? Yes. But some food for thought.