Due to the limit of info I have, I am not sure how many Mr Yue and Conglin Investment Group would have on CAP.
But one thing is certain, he is insatiable for iron ore:)
As you known, BHP iron ore was up 96% this year. The spot iron ore price was on record two weeks ago in China.
Further, Mr Yue has already heavily invested in another iron ore company - MGX, holding 21,000,000 shares!
If he were to control CAP, I won't be surprised.
conglin may buy more, page-8
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