HAW 5.00% 6.3¢ hawthorn resources limited

chinese interest?, page-3

  1. 7,117 Posts.
    HAW is an old woofer I know but there have been 2 interesting developments of late

    first LCY is JV'ing with them over their Iron ore taking a 60% interest for $3.5m in funding and they will also be taking 250M shares at 0.006 = 15% HAW

    second Chinese investors buying on market have 75m = 5%

    sounds like 2 competeting groups for some control in HAW

    my guess they will both try get to 20% or at the very least the Chinese will try get over 10% to have a blocking stake against LCY

    the next few days and weeks will be interesting

 
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