GBZ 0.00% 1.0¢ gbm resources limited

Ann: Becoming a substantial holder-GBZ.AX, page-2

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    So GBZ puts up 95 mil shares as capital raising to sophisticated investors outside of the shortfall from last years share offer (65 mil shares). Mr Longru Zhen picks up 88 718 593 shares of the 95 mil. That is a pretty sophisticated $1.4 mil investment. Add this & Chew Leok Chuan boosting his investment this year from 19.9 mil shares to 62 867 893 shares by picking up 23 mil unsubscribed shares & 20 mil shares from Drummond's 50 mil sale plus the 8 866 867 shares he holds as part of UOB Kay Hian the largest shareholding in GBZ. Thats two big votes of confidence in GBZ & its tenements.
 
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