SRT 9.09% 18.0¢ strata investment holdings plc

Hey Metalguru,"Suggest you check details on the "lock in" for...

  1. 1,514 Posts.
    Hey Metalguru,
    "Suggest you check details on the "lock in" for disposal of their Jupiter shares. They are not prohibited from selling."

    I base my statement on the following:

    “It is the present intention of Red Rock
    to retain its JMS shares, which with the exception of 15,109,403 shares are subject
    to a lock-in until 30 March 2010.”

    Reference:
    http://library.rrrplc.com/RRR_web/RRR_Announcements/RRR_announcements_2009/RRR_Exercise_of_Manganese_Option_08.07.2009.pdf

    (Mid way down 3rd page.)

    My understanding is thay if RRR holds 92,899,165 JMS shares, or 28.91%, then 92,899,165 minus 15,109,403 = 77,789,762 will be locked in.
    I agree with everything else!!!
    Cheers
    PS : Are you in London?!?!
    Your comments sound close to the "nerve centre"
    Macau says the Tea Lady at RRR is the one with all the information!?!
    (Reference Re: gold ; Macau 16/09/2009)


 
watchlist Created with Sketch. Add SRT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.