SIR 0.00% $2.52 sirius resources nl

Ann: Change in substantial holding , page-2

  1. 20 Posts.
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    Very interesting to see the biggest shareholder has increased his stake. Yandal also owns a substantial options position. I think this makes it less likely we will see an equity raising at this price. Yandal could fund the company for several month by exercising these options. Just a theory, but why else would they buy on market, rather than wait for an equity raising to add to their position?
 
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Currently unlisted public company.

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