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30/06/15
16:46
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Originally posted by hottuna
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But of course you need to separate opinion and fact, which you have now done.
I broadly agree with your assumptions but there are a couple of other possibilities.
Firstly, the assumption that a CDU shareholder is of sound mind is by no means a given!
Another possible alternative is that New Apex have reduced their holding. There are ~277m shares on issue, so they could sell ~2.7m without needing to file a substantial. Obviously that's less likely for COW, given they've only recently gone to 20%.
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I just hope Wayno has a plan moving forward now this has risen which will continue to drive the completion of Rocklands and increase our SP....
It's time to rock and roll ladies and gentlemen
Gllt
Mojo