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0.00% 1.0¢ magnetite mines limited

new substantial holder, page-2

  1. westaussie
    2,275 Posts.
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    29/06/12
    13:14
    Post #: 10371847
    The new major sharholder has been revealed. The thought that this was just an incompany crossing has been squashed.

    I have not been able to get any back ground on Lodestone Equities Ltd but I suspect all will be revealed shortly.

    The feed back I have been getting is its a positive move and that ROY will benefit greatly.

    The immediate result will be that the overhang at 13 cents that occured when Sing Tang started to sell will be gone.

    MFE Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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