EMR 5.68% $3.82 emerald resources nl

Ann: Recommended Takeover Offer of Bullseye Mining Limited, page-30

  1. 2,107 Posts.
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    If there are around 90M shares issued there does not seem to be any prohibition with the new shareholders selling.
    That could cause downward pressure on the share price over the next 6 to 12 months.
    I'm sure they'd like to cash out at least to some extent.
 
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