Can anyone shed light on today's filing (on CommSec site) regarding UBS increasing its interest in IRN from 5.45% to 6.73%. It is accompanied by a Prime Brokerage Agreement document with the customer details left blank.
Is this UBS buying on behalf of some unnamed clients and who might these be? Are they most likely potential acquirers of IRN or someone wanting to make a quick profit on the difference between the current and offer price?
Could the customer be Golden Resources itself, hoping to acquire cheaper shares on market?
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