MBT mission newenergy limited

Ann: Change in substantial holding , page-3

  1. 606 Posts.
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    Yes, it appears he bought immediately after the trading halt for the Valero deal was lifted.

    But a bit puzzling as to why.
    He had over 23 million shares already and he adds just over 100K or around .5% more

    Did he want more and was he hampered by the lack of market depth?

    Hardly seems worth it from his perspective.
    He would be better off seeking a deal with some other major player than trading on market, unless he was partaking in a bit of price manipulation.
 
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