CZN 0.00% 0.5¢ corazon mining limited

takeover target for vale, page-89

  1. 2,821 Posts.
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    Thanks amigo for your posts. Based on your observations, Vale could be buying up to 10% of stock on the open market, just to hedge against a takeover move by Hanking. Then there would be two big players holding about 20% and Crescent (Tattersfield) is holding about 6%. Management have about 1,5%. If we add these groups together, there is about 30%. The remaining 70% is in the hands of other sharehodlers, some of them may be accumulating good positions with each passing day. It is just guesswork at this stage, but the more players there are, then the better the competition, IMO. Hopefully it will be good for the average shareholder, especially those who have been waiting for this situation for a long time. I'm hoping Terry Streeter manages to lever off these groups to get the best deal possible.
 
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