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7.69% 3.6¢ marmota limited

From KCN response to MEU's open offer "Kingsgate has a duty of...

  1. multiemedia
    165 Posts.
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    10/12/15
    10:08
    Post #: 16584347
    From KCN response to MEU's open offer "Kingsgate has a duty of care and responsibility to the South Australian Government and wider community to ensure that any sale transaction meets all mine
    closure and rehabilitation obligations in a satisfactory manner, and it was deemed that WPG and PYBAR would be best placed to ensure these obligations are fulfilled"....

    what about their fiduciary duty to their shareholders? No mention about how they're short selling them by $1m.....
    MEU Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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