Ann: Becoming a substantial holder, page-7

Thanks Mr Forrest, another long term Forrest ally takes a large stake here.

Credit Suisse (CS) are twiggys loyal bankers since the ANL days and funded the FMG bond refinances of $4.5B 5 year bonds with JP morgan, see below,
CS moved in hours with $75M cash to help FMG take a 19.99% stake in AGO only 3 months ago, see here as reported by the australian -

https://www.theaustralian.com.au › business › dataroom
Jun 11, 2018 - The Swiss bank last week helped Andrew Forrest's company buy a 19.9 per cent stake in Atlas Iron, which is advised by Houlihan Lokey.

Twiggy overdelivers - at a price - News.com.au

https://www.news.com.au/national/.../twiggy.../2ead6e3e5d66f4283ca593787a6ba01d
Relationships ... Fortescue Metals Group chief Andrew "Twiggy" Forrest outside Parliament ...banking lenders, to waive potential future breaches of its loan covenants. ... rate on the $US4.5 billion five-year loan from Credit Suisse and JP Morgan, ... That rate compares with 1.625 per cent paid byBHP Billiton and Rio Tinto ...


Wave the flag twiggy again this time for POS!
Make no mistake, this has twiggys fingerpints all over it and the controlling stake of twiggy's allies just got a lot larger. These are NOT BMMs bankers nor are they short traders as suggested.
BMM must be now thinking there is no way a bid can get over 45% at any price.

The INSTO accumulation buyer has been revealed as loyal bankers, Credit Suisse.

I previously stated that 4 INSTOs might be offered the large stake from the 18c 2012 CR INSTOs pool of JP Morgan, HSBC, Citicorp or the selling loser Nat Nominees as possible candidates but dared not think of Credit Suisse as this would have been so obvious to all in the know.

@zebster you were wrong, now we know for sure,

TWIGGY is the BOSS of POS!