This is my take on it all: Unless this has changed, there are...

This is my take on it all:

Unless this has changed, there are only 4 entities with over 29M shares. Now not including himself that leaves 3. Given that AML's CFE shares are known to be up for grabs, my bet is that he bought a parcel of them. I've previously said CFE can't really afford to buy them with CFE money simply because it will run out fast. I'm guessing this is the (or part of) defensive strategy to prevent someone from owning the almost 20% rather than the typical public relations bs 'faith in the company'. A third of 1 year's salary is not a bad way to protect your salary from hostiles for multiple future years. If someone cleans out the rest then they would own about 15% instead (still significant but less).



From Jan 2015
AFRICAN MINERALS LIMITED 122,023,000
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 75,036,367
ANTONY WILLIAM PAUL SAGE 40,440,430
CITICORP NOMINEES PTY LIMITED 39,043,956