RIO buying more??? They're getting closer and closer to their 19.9%, and I don't think they're pushing the price down buy selling some . I'd say this because they'd only have - and more importantly- have to, approach the biggest holders now. The biggest holders will dictate whether they'll get 90% acquistion for compulsory TO ; if they don't get that then RIO don't control anything...not good for future contracts if grade/costs at Rossing are'nt good compared to RSouth .
I know people like to believe that "big holders are capping" to get shares cheaper, but considering the BIG share holders are close to levels where they "have to declare themselves" and/or restricted by the 3% thing, capping now only seems to save them "chicken feed". I'm thinking thet BIG PALYERS will all rest for a while and wait
EXT Price at posting:
$3.92 Sentiment: ST Sell Disclosure: Held
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