I have never been comfortable with MIN's holding since the early days, so perhaps an irrational sigh of relief from me.
I would feel odd if one of my competitors had shares in my company.
I have no idea what the impact will be and really odd selling on a Sunday?
I wonder that PLS wasn't involved in helping MIN sell off their 5.4% and it had to go via JPM. No doubt they will get a premium.
Could mean someone is building a war chest for some acquisitive action in the sector?
Without knowing the ramifications I am pleased they are gone.
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- Mineral Resources sells $328m Pilbara Minerals stake via JPMorgan
Mineral Resources sells $328m Pilbara Minerals stake via JPMorgan, page-3
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