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Ann: Research Report - May 2017, page-124

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Hardrock25

3,037 Posts.

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27/05/17

14:53

Post #: 24947490
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Originally posted by Larkin ↑

Now here comes the most important information.

Lanstead Capital are now our largest shareholder.
& Assuming Andium (phillip) didnt sell any (now 2nd largest holder), then its Lanstead Capital who's been buying all the loose shares being sold. Gobbling them up.
This could be why all the erratic share movements of late. Big dumps but also big buys.

They would now own more than 5 % of Mustang. & who knows how much they actually own. Could be much more.

Not only that, they also own 5% of Montepuez Minerals.
Looks like they're in for the long haul. (Lanstead Capital are generally long term investors - its on their websites homepage) Very good Sign for holders of MUS.

- as long as they are not planing a takeover. lol.

Expand

I doubt Lanstead Capital would want to take over MUS or any other small/mid cap, as it is not they're core business and does not fit in with their long term strategies for maximum potential return.

But yes it is a very good sign imo

MUS Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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