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$3.86 western areas limited

Ann: Western Areas & IGO Agree Increased Scheme Consideration, page-40

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McQuade

1,363 Posts.

484

13/05/22

16:12

Post #: 61396719
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Originally posted by tomboy: ↑

MS & Mitsubishi buying large stakes at 3.80+ while UBS selling down at 3.65

looks like these 2 now have a solid 17% blocking stake with AF looming around 9% also.
Looks like they will want a cut into IGO register & offtake while AF gets cut out & the small holders get cash.
Mitsubishi needs Ni badly. This is a corporate venture play looks like rather than takeover or blocking to prevent a takeover.

now thats how you do it not diluted to nothing and collapse the SP & BOD as usual.
Need to learn the lessons of your ANL AGO POS disasters mate!
Building wealth rather than destroying it always makes sense and thats why Creasy & Lougher are so well respected in the Ni Industry and AF is on the outside looking in and sidelined yet again.

$3.80 is what i called for this last year so I was SPOT ON!

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Read the substantial shareholder notice properly you clown.
10m shares were collateral received, they didn't buy any.
You're posting due to some attention deficit disorder, not adding value, and in fact misleading people.
Then you claim victory?
Get help.

WSA Price at posting: $3.82 Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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