RCO
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0.00% 24.5¢ royalco resources limited

Not sure how many people are watching this.. Anglo has been...

  1. nevm003
    550 Posts.
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    01/08/08
    15:48
    Post #: 4063625
    Not sure how many people are watching this.. Anglo has been steadily increasing their stake for some time and they now have 10.94% of stock.

    This stock was already tightly held but there have been a few sellers of late(I presume those that picked up stock with the Opus Prime mess)

    Before this latest announcement the breakup of the big holders were as follows.
    Oxiana 18.7%
    Directors 14.9%
    Anglo Pacific 9.3%
    Riomin Gold 6.8%

    So Rio, Oxiana and Anglo all have significant stakes.. That must tell us something.
    RCO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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