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.
I wonder what the share structure is now. On 23rd October...
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