RFT 14.3% 0.8¢ rectifier technologies ltd

Ann: Board Renewal Update, page-9

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  1. 537 Posts.
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    It appears Mr Arulampalam and associates wanted a stake cheaply. There's no way he'd be able to acquire 25% of the shares on issue on market without substantially increasing the share price... Yingming & co own approx 40%, employees own some 20%, free float is non existent.
 
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