AXY
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I'm more concerned with what is in the ground!There's only 4 or...

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    806 Posts.
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    13/08/09
    18:01
    Post #: 5505281
    I'm more concerned with what is in the ground!

    There's only 4 or 5 holders with enough shares to sell a stake. I would guess that one of the largest holders (I'll guess Horizon) has sold a stake to a new investor on the back of the gold deal. I'm guessing (although it should be easy to confirm) that the 8.607m is just under 5% i.e. does not need to be declared.









    AXY Price at posting: 6.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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