MGO marengo mining limited

I notice an increase in Sentient Executive's position from...

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    I notice an increase in Sentient Executive's position from 19.86% to 21.42% of the companies shares. This was no doubt done in the recent $15 million placement. It is my understanding if a shareholder exceed 20% of the company they have to make a T/O bid. Anyone else care to comment.
 
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