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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2.0¢ |
Change
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Mkt cap ! $140.0M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $41.22K | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 4720964 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 5344126 | 12 |
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| NTU (ASX) Chart |