AHR 0.00% 1.3¢ anchor resources limited

Referring to the bidder statement dated 28 Jan 2010 on page 46 &...

  1. 1,385 Posts.
    Referring to the bidder statement dated 28 Jan 2010 on page 46 & 47 it details the prices paid for the AHR Shares buy Sunstar Capital in the last 4 Months.

    Sunstar Capital currently hold 1.492 Million shares as at 27 January.
    Currently AHR has 50.1Million shares on issue and 5% is 2.5 Million shares.

    Since the 27th Feb we have had 8 trading days and AHR has been turning over Approximately 120,000 shares per day.
    Therefore If Note If Sunstar Capital are buying all the shares traded in the last 8 days they would now hold 120,000 x 8 equals 960K plus 1.492Mil existing Total 2.45Mil.

    My guess is Sunstar Capital Could Could reach 5% any day soon which would trigger
    Major Holding announcement from AHR.

    We could see Sunstar Capital reach 5% next week??????

    Time will tell.
 
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Currently unlisted public company.

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