The question is answered, Harvest Lane Asset Management are the buyer. Specialise in capitalising on undervalued Merger and Aquisition situations. 57Mil shares bought at an average somewhere between 11 and 12c. An easy half mil profit with no downside risk.....nicely played.
I wonder what their strategy will be when offloading 57M shares after the payout. As a 10% holder they will have some leverage.
The question is answered, Harvest Lane Asset Management are the...
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Mkt cap ! $5.700M | |||
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