OBM 0.00% 43.0¢ ora banda mining ltd

Ann: Change in substantial holding, page-5

  1. 1,630 Posts.
    lightbulb Created with Sketch. 1057
    When HP choose to sell … there will be numerous players willing and keen to bid.

    Hawkes Point won’t be stupid and sell down on market … a 40% controlling stake will attract a solid premium.

    The fact that they didn’t retain their % is an indication to me that the stock may now be in play over the next 6/12 months, particularly once second decline advanced and growth outlook clearer.

    Hawkes point are finally in front on the $$$$’s and it’s been a very difficult and turbulent journey over many years …. and all fund managers need to retouch their money at some stage.
    Last edited by Ladytradr: 08/03/24
 
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