Here is some interesting news.... what we are seeing now, I suppose, is the selloff of the remaining 5.27%
Regent Pacific announced that the company executed an order with its broker to sell 25.751702 million Bathurst shares of Bathurst Resources Limited on ASX to the purchasers for A$0.36 (HK$2.73) per Bathurst share, by way of an off-market crossing to cash out HK$70.3021 million. Immediately after completion, shareholdings of the company in Bathurst will decrease from 16.57% to 5.27%. as per below http://www.quamnet.com/newscontent.action?articleId=1700689
BTU Price at posting:
47.0¢ Sentiment: Hold Disclosure: Held