REY 0.00% 5.5¢ rey resources limited

change the board, page-35

  1. 1,417 Posts.
    lightbulb Created with Sketch. 35
    I wonder what the share structure is now. On 23rd October management said they would release an updated Top Twenty "shortly".

    Regarding the top four:

    ASF holds 22.739%

    Miss Wanyan Liu now holds 14.406% (Apparently not associated with any other shareholder)

    I assume Acorn Capital is JP Morgan Nominees (no longer a holder).

    That only leaves Gujarat NRE Minerals with 6.084% (Think they would sell out pretty cheaply)

    So ASF could acquire 43% of the company pretty cheaply one would think. Only small holders left after that.

    I have no idea if this their intention. Just trying to put two and two together.
 
watchlist Created with Sketch. Add REY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.