Australia's largest stock trading and investment forum Australia's #1 stock forum

NTU

9.52%

1.9¢ northern minerals limited

Ann: Results of Meeting, page-6

First 6 Last

Share
Profile

Follow
marcus A

400 Posts.

278

07/06/24

09:35

Post #: 74208155
Share

Originally posted by marcus A: ↑

Interesting results, maybe a deal was done with some non-Yu Yuxiao aligned chinese shareholders for NC's head in exchange for not voting the non-board recommended nominees?

I just rechecked the 20 major shareholders as of 28th Sep 2023 in the last annual report and it looks to be very heavily skewed to obviously chinese interests and big nominee company accounts, No1 holder is Citicorp Nom PL with 13.87%, which must be holding most of the Yuxiao Fund's 9.81% interest as the next largest holder listed is Vastness at 6.34%. The top 20 hold 63.07% (3,730m) of the shares, and apart from Iluka's 2.11% they may well all be chinese controlled...so they haven't voted as a block.

While we are in the realm of the maybes, maybe NC's resignation was not all due to an evil chinese conspiracy, maybe he actually wanted to put his feet up and spend more time with the family and horsies on his stud farm, particularly as his oppy deals with Yongquan He and Yuzhen Ma ended out of the money so he had no real skin in the game anymore?...pure speculation on my part!

I'm not sure why they say that Resolution 8 (the 10% additional placement facility) wasn't passed, it looks to have clearly more Yays than Nays (56.95% v. 43.05%), maybe a typo?

One thing for sure, with all the publicity we are currently getting (I haven't read the Robert Gottliebsen piece yet, hopefully he gives us a nice AR3 style pump!) and all the non holding resource nationalists now posting on this thread, maybe even the forced disposees will end up making a little profit on the deal...DYOR & GLTAH!

Expand

P.S., my subscription to the OZ appears to have lapsed, if someone could post the Robert Gottliebsen piece it would be greatly appreciated!

NTU Price at posting: 4.5¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

The winners & losers on market if negative gearing were gone

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The market's shrugged at China's stimulus measures all year. Why is this one different?

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

There are more pages in this discussion • 12 more messages in this thread...

First 6 Last

Add NTU (ASX) to my watchlist

(20min delay)
Last 1.9¢		Change -0.002(9.52%)		Mkt cap ! $129.1M

Open	High	Low	Value	Volume
2.0¢	2.1¢	1.9¢	$19.12K	956.6K

Buyers (Bids)

No.	Vol.	Price($)
17	8120463	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	2653465	8

View Market Depth

No.	Vol.	Price($)
17	8120463	0.019
31	15825216	0.018
26	16212184	0.017
11	3341250	0.016
13	2703325	0.015

Price($)	Vol.	No.
0.021	2312781	5
0.022	1680499	6
0.023	768828	6
0.024	944144	6
0.025	733848	6

Last trade - 16.10pm 27/09/2024 (20 minute delay)

NTU (ASX) Chart

Ann: Results of Meeting, page-6

The winners & losers on market if negative gearing were gone

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

ACCC seeks Olam divestments before it can buy Namoi Cotton

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The market's shrugged at China's stimulus measures all year. Why is this one different?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Results of Meeting, page-6

Top Stories

The winners & losers on market if negative gearing were gone

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

ACCC seeks Olam divestments before it can buy Namoi Cotton

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The market's shrugged at China's stimulus measures all year. Why is this one different?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News