A40 0.00% 8.2¢ alita resources limited

Ann: Becoming a substantial holder, page-6

  1. 390 Posts.
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    From my reading the entity responsible is an "Absolute return fund".  From seeing marketing of such funds they can use both long or short positions amongst other things as they pursue their 'absolute returns'.  So I'm unsure whether to see this as a positive or a negative announcement.  Hopefully soon those new offtake /s that were reported as being in advanced negotiations come to fruition and announcement at a positive price. Regards to all holders, hopefully green days are coming.
 
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Currently unlisted public company.

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