Notes to below diagram:
1. Crown Mercantile, Percy Holdings and Maclure Capital. All offshore and tax 'free-ndly' companies. Looking at volumes between 23Sept2011/07Nov2011/31Jan2012, Percy Holdings and Maclure Capital have to be nominees to Crown Mercantile's 80m vendor stock. Happy to be proven wrong on this.
More info on Percy/Maclure directors: ASX:GGG ann 04/02/2010
More info on Crown Mercantile shareholders: Chancery Partners Ltd
2. According to KAB's website, Percy/Maclure have sold out nearly all of their stock - tax free - during the Sino offtake pump. (Thanks Aussie punters) doesn't this just ooze confidence in the Mn projects/Sino deal
3. Why was JB buying on market when he would have had full knowledge that vendor nominees were selling so agressively?
3. Of a more minor point, assuming the blue highlighted names took the 2c placement stock (announced with the Sino deal), why are they appearing on KAB's March top 20 list.
Wasn't this stock issued 2nd April (as announced).
4. Another vendor soon to be issued 24m shares.
Anyway just putting it out there to give HCer's a look at the story, behind the story.
Cheers,
The Sparkler
PS.This is my own research so dyor & feel free to add/correct.![]()
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