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6,277 Posts.
112
25/03/10
14:12
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New announcement today.
Mighty River now has 109,791,403 shares or 18.33%
The most recent purchases have been at average prices in excess of 10 cents.
They are certainly serious about getting control... one way or another.
All the shares they have purchased this week will probably not be registered in time for them to be eligible to be counted for the vote tomorrow.
Nonetheless they still have around 80 mill shares with voting rights and will probably still carry the day.
Interesting times !
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