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1,165 Posts.
1
06/07/10
09:10
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i make GBA's stake to be about 16.81% all up:
The major shareholders of Advent are as shown below:
MEC Resources (ASX:MMR) 51.14%
BPH Corporate Ltd (ASX:BPH) 19.06%
Talbot Group Investments 10.42%
Grandbridge Limited (ASX:GBA) 8.75%
Therefore GBA owns 16.81% of Advent being that they own:
GBA direct ownership = 8.75%
14% of MMR's 51% = 7.14%
3.28% of BPH's 19% = 0.62%
14% of MMR's 11.27% of BPH(who own 19% of MMR) = 0.3%
its going to be a very interesting 6 months and i hope very profitable for the toally under the radar GBA.
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