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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Last
1.0¢ |
Change
0.001(5.56%) |
Mkt cap ! $13.28M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $16.17K | 1.713M |
Buyers (Bids)
No. | Vol. | Price($) |
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43 | 16038346 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.0¢ | 5058018 | 16 |
View Market Depth
No. | Vol. | Price($) |
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43 | 16038346 | 0.009 |
30 | 37003380 | 0.008 |
18 | 32551551 | 0.007 |
8 | 27636726 | 0.006 |
9 | 39716667 | 0.005 |
Price($) | Vol. | No. |
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0.010 | 5058018 | 16 |
0.011 | 6779291 | 19 |
0.012 | 6259313 | 16 |
0.013 | 2925750 | 8 |
0.014 | 3942841 | 12 |
Last trade - 15.12pm 05/06/2024 (20 minute delay) ? |
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Last
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Open | High | Low | Volume | ||
0.9¢ | 0.9¢ | 0.9¢ | 1110601 | ||
Last updated 15.38pm 05/06/2024 ? |
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