AXM 0.00% 1.1¢ apex minerals nl

new substantial shareholder, page-3

  1. 1,844 Posts.
    Pete 88

    you will find if you dig a bit deeper,they have just over 5% in at least one other company.
    a couple of months ago,i got curious too and at that time the co. name had just been reserved in NZ

    obviously not as small as you suspect 5% here is around $3m.
    last month,can't remember the co(feel like i've seen a few substantial notices from them),but that was more like $5-7m from memory.

    So maybe they've got around $5m a month to invest or more.

    If they're picking up positions where i've been looking then they are buying conservative upside value and certainly buying before me.

    DYOR+DYODD
 
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