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
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Mkt cap ! $13.98M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $11.87K | 1.188M |
Buyers (Bids)
No. | Vol. | Price($) |
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53 | 14797595 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.0¢ | 550340 | 4 |
View Market Depth
No. | Vol. | Price($) |
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53 | 14797595 | 0.009 |
29 | 38025126 | 0.008 |
17 | 12755979 | 0.007 |
5 | 4090166 | 0.006 |
5 | 3650000 | 0.005 |
Price($) | Vol. | No. |
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0.010 | 550340 | 4 |
0.011 | 6907354 | 18 |
0.012 | 4688045 | 13 |
0.013 | 2646873 | 10 |
0.014 | 3945794 | 13 |
Last trade - 10.59am 17/05/2024 (20 minute delay) ? |
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Last updated 10.59am 17/05/2024 ? |
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