LCG living cities development group limited
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Sin Tang Developments, FWL's largest shareholder (and, I...

  1. Hammerhead
    365 Posts.
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    22/05/11
    22:40
    Post #: 8435329
    Sin Tang Developments, FWL's largest shareholder (and, I suspect, one of the negotiation parties for the Yalgoo Project) is cashed up. Sin Tang sold last week a large part of its stake in Sphere Minerals, raising $45m (15m shares @ $3).

    Let's hope they throw $15m of it FWL's way!

    www.theaustralian.com.au/business/mining-energy/xstrata-nears-full-control-of-sphere-as-sin-tang-cuts-stake/story-e6frg9dx-1226057616865

    LCG Price at posting: 13.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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