ok so Denis is just adjusting his portfolio....i can live with that.
But the side i am taking is Aquila's buying of over 81 million shares for a 14.6% stake......something has to be in the pipeline....:rolleyes:
AQA would not be spending that kind of money in a speccie without...
So Denis Clarke sell 2.7 million shares at about 12.5 cents.
Aqa buy at 10 cents and then top up at 14.5 cents.
What gives?
So Denis needs the cash as he is in debt?
Aqa are forcing him to sell and try and keep the price down here??
Aqa are trying for a takeover imo.
just nicked this off nobby on h.c
RHI market cap is $143m - there are only 27m shares on issue so its very thinly traded.
CUL market cap is currently $89m - with 555m shares on issue.
CUL have 30% of the Mt Stuart JV...
On 16 May 2007, the West Pilbara - Mt Stuart Joint Venture...
By the way guys....have you seen RHI??? share price is taking off also.....maybe a connection????
Young trader do you have any further thoughts???
Enjoy your day guys....oh and girls to be P.C correct :D
Well it finished at 16 as it goes.....on its high for the day.
Now that AQA have taken a position this has either sent out buy signals to various brokers or AQA are still buying more on the market???
For AQA to show confidence in CUL showed me the way to buy in huge.......
No...
No you are wrong my frd.
AQA have bought 72 million for $7.2 million cash input.
Director has got 2.5million shares.
If you READ the details it clearly says that aqa steel limited as the "registered holder" for 72 million shares. The others have the rights to the shares also...
They...
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