A few years ago I held a mining stock called atlas iron. Gina made a play to acquire via a hostile takeover, twiggy came in with what was thought to be a blocking stake before making an offer and creating a bidding war, however this never eventuated and Gina got over the 90% or so threshold as twiggy sold out to Gina. Atlas was sold for a song prior to the major rebound in iron ore prices and it was very clear that there was a deal behind the scenes between twiggy and Gina. Only bringing this up as sometimes a blocking stake is more of a play to join the conversation table for bigger things. I have no idea what those things are but it shows they are playing chess while us shareholders are playing checkers most of the time.
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A few years ago I held a mining stock called atlas iron. Gina...
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