Well i doubt it would be J.Pitt buying personally. Considering his companies & Hampton Hill ( which he controls ) already control 14.69% an extra 7.83% would put him over the 19.9% takeover threshold. It could however have been snapped up by Pitts mate Will Hodgson via his Ariki Investments. That would put Hodgson @ 19.31%. That scenario would put Pitt & Co in an unassailable position of controlling more than 34%.
All above % are based on the top 20 holding as at Sept 15 which is pre the latest issue.
Or it could have been sold to an entity that is new to the register.
Well i doubt it would be J.Pitt buying personally. Considering...
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Mkt cap ! $63.91M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89603 | 11.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 8500 | 1 |
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