Interesting artical in yesterday's West Australian.
A follow up to a-yarn last week about Golden West Resources shareholder Vaz Hovanessian, who flew in from Sydney and flamed the iron ore hopefuls board at it's annual meeting last week. GWR is facing a hostile takeover bid from Fairstar Resources, which is being advised by broker Findlay Securities. Sydney-based Hovanessian is a director of the listed investor Broad Investments. Broad was recorded as a top 20 shareholder in Findlay's annual report. Findlay director and Fairstar adviser Robin Armstrong sits on the Broad board. Sydney, too, is a small town.
cheers
GWR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
