A surreptitious T/O may well be underway,chotachetan.An open bid would set a fire under the share price,otherwise. Now at Law,a company is regarded as a separate entity-some one correct me if I'm wrong here. So,using various holding companies,and/or allies, a significant stake can be built up without having to declare one's hand. These holding companies are always registered offshore in jurisdictions where ASX rules can't apply.That's my understanding of it,anyway. Shouldn't be allowed,in my view. But...?
db
GSR Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
