SVM 6.57% 73.0¢ sovereign metals limited

Ann: Change in substantial holding, page-3

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  1. 6,411 Posts.
    lightbulb Created with Sketch. 1618
    What do people make of this - Sprott housekeeping - moving holdings. It states on market however no such volumes seen on market - therefore after close shares being shifted around? 13 million shares out of Sprott - SAM (Sprott Asset Management) to another entity external to SAM. One can hope it is complete now and Sprott can get on with their usual pumping of SVM - coverage and impressive SP targets.

    On significant events as RIO arrival - these type of funds/insto's evaluate their structure and shift holdings for future gains/tax breaks etc which will be seemingly imminent and of scale.
 
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