IMO I doubt he will exceed the formal takeover %. I believe he has taken his position because he can see that with positive drill results someone like LYC or the Chinese will pay big dollars for his position. I don't believe he wants to be in the mining business (investment is his game) although he may take a seat on the board to protect his large investment.
I am super happy to have collected a large amount of the fully paids and both options. My investment is for a longer term view with the potential for an eventual takeover and or development of a good HRE resource. Looking very good IMO.
conglen yue is buying up again , notice reciev, page-20
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Last
3.3¢ |
Change
-0.002(4.41%) |
Mkt cap ! $192.1M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 3.2¢ | $60.42K | 1.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3055604 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 354803 | 2 |
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| Last trade - 15.47pm 28/06/2024 (20 minute delay) ? |
| NTU (ASX) Chart |