KMR
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0.00% 12.0¢ kumarina resources limited

Substantial holders notice - buyer is Utilico Investments Ltd....

  1. Glenn_Archer
    1,284 Posts.
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    11/09/12
    13:00
    Post #: 10701603
    Substantial holders notice - buyer is Utilico Investments Ltd.

    Google Utilico - its is a UK-based LIC ... and its biggests holding is RSG!

    Why is this significant - because KMRs chairman (Sullivan) is also RSG's MD.

    So you would have to call this an insider buy.

    Wow, I am late to the party with this recent float but lots of cash and some drill ready cu/au targets.

    Plus a very experienced BOD. Firmly on the watch-list now ...
    KMR Price at posting: 14.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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