Waynecat, you're are correct except your numbers don't take into account their respective increases as a result of the rights issue. Holloman took up another 10m, Jones 6.3+m & Sandhurst even more as that's part of the Forrest camp holding & they not only took up their 1:6 but absorbed the undersubscribed shares = many, many millions! I also understand that one of the above has been accumulating in the low teens/ high single digits & so his holding would now be closer to 50m. Nice day at the office I guess you could say.
Colonel, Deansy, waynecat Ace, tylvec etc may be fishing at Lizard Island next year but I think Holloman, Jones & Forrest will own Lizard Island by then.
Me, I'm happy to cut bait & enjoy the ride.
RMG Price at posting:
1.9¢ Sentiment: ST Buy Disclosure: Held