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4.55% 2.1¢ advance metals limited

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  1. Merkin
    122 Posts.
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    15/02/07
    21:25
    Post #: 2199089
    Hi Ricky,

    Thanks for the heads up!

    Just having a quick look at the detail of the announcement. Firstly OMERS is the Ontario Municipal Employees Retirement Scheme. The notice shows that in the last 4 months they have acquired 1,323,000 shares at an average price of CAD$11.25 having bought as low as $10.13 and as high as $12.04...

    So prior to the last 4 months OMERS held roughly 1.5 million shares. Good news for AVM as I would have thought OMERS would have had some fairly rigorous guidelines for an investment now worth (at close last night) nearly CAD$36.5m!!!

    Cheers

    Merkin

    AVM Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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