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apac (chinese) increase stake in kah

  1. DaLatta
    1,164 Posts.
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    10/06/10
    23:07
    Post #: 6794112
    APAC just announced an increased stake in KAH - now 9.55%

    APAC stake was 7.1% (via Coronet Resources), previously announced on 4th May. Coronet (subsidary of KAH) held only 7.65% of KAH so the additonal share must have been bought on market.

    So now we have both Japanese (Itochu) & Chinese with recent KAH stakes + Russians sniffing EXT. When will the bidding war start?
    EXT Price at posting: $6.84 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
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