nikko,
30.36m shares were placed at 24c
WGR took 6.1m, now hold 20.13%
MLX took 2.61m, now hold 8.7%
That's 8.71m that won't be dumped on market
National Noms took 18m, all to new instos I believe, now hold 7.87%
Don't expect them to be dumped
Equity Trustees took 2.9m, now hold 6.18%
They've been long term holders, can't see them dumping, they'll see this one through to production at least
So, by my calcs, a total of 29.61 into tightly held hands, leaves 750k left for dumping, all of which I suspect have already been disposed of
When this moves, it'll move quick
Cheers
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nikko,30.36m shares were placed at 24cWGR took 6.1m, now hold...
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