takeover, page-2

Subject article from west australian
Posted 13/03/05 16:38 - 123 reads
Posted by grahod
IP 220.240.xxx.xxx
Post #540384 - start of thread - splitview

Interest has returned to Matrix Metals after it was hammered in Jan,when nickel miner Independence Group had a haircut after earlier buying a 19.9% stake at 11c a share.Talk yesterday was that Independence was holding fire until Mar 26 before launching a takeover bid.

so IGO only needs .1% to make a full take over?