The Hancocks are back, and bolder than ever. It is not secret that Gina Rineheart holds a big chunk of our $500m neighbour Brazilian Rare Earth (ASX:BRE)
Now John Hancock through his closely related entity Lind Partners converted their subscription notice for a big chunk of ownership in AUZ. The subscription notice was back in Sconi days, before it was a debt instrument but now only converted to equity after AUZ have entered into REE being next to BRE.
The last time there was a family feud like this, was on a stock called Vulcan energy which sent the stock flying over 2000%.
https://www.ginarinehart.com.au/gina-rineharts-big-lithium-play-with-vulcan-energy-resources-paying-off/
It is important to note that Lind were debt holders, and now they decided to become equity holders. They were one of the largest shareholders in a few lithium stocks for many years. Now the thematic is Rare Earth.
They are very familiar with Brazil, being a 6% owner in LRS for a long time and made a lot of money. AUZ is next
AUZ all the boxes ticked.
Will the Mum start buying now? Lets see, I have a feeling she will.
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John Hancock and AUZ. Family feud or Family reunion for Brazil Rare Earth?
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Last
0.8¢ |
Change
0.001(6.67%) |
Mkt cap ! $11.18M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $56.30K | 7.011M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 10199308 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 2965332 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 10199308 | 0.007 |
33 | 49424111 | 0.006 |
14 | 31150199 | 0.005 |
9 | 8654750 | 0.004 |
4 | 2960000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 2965332 | 13 |
0.010 | 3994631 | 25 |
0.011 | 4797820 | 13 |
0.012 | 3385705 | 6 |
0.013 | 2831000 | 7 |
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