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deutsche bank aquires 8% stake !

  1. wantedman
    523 Posts.
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    30/07/10
    10:53
    Post #: 6961728
    Yesterday Deutsche Bank announced,that they became a substantial holder with 6% of the outstanding shares:

    http://www.asx.com.au/asxpdf/20100729/pdf/31rl8j27y3gvwk.pdf

    Just 3 hours later,they announced,that they increased their stake to 8%:

    http://www.asx.com.au/asxpdf/20100729/pdf/31rllgcdt5b050.pdf

    Well,why would they do that ? Are they hoping,that PDN has to increase their offer ??? Maybe by getting 10 % in the company ?

    This could get thrilling...
    NGM Price at posting: 15.5¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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