MGX 3.39% 30.5¢ mount gibson iron limited

They did! "The Board announces that APAC Resources Capital...

  1. 942 Posts.
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    They did!

    "The Board announces that APAC Resources Capital Limited, a wholly-owned subsidiary of the Company, has acquired in aggregate 16,829,032 shares in Mount Gibson through on-market transactions conducted on the ASX for an aggregate consideration of approximately A$3,899,987 (equivalent to approximately HK$22,375,552) during the period from 9 September 2015 to 22 June 2016, representing approximately 1.54% of the total issued share capital of Mount Gibson as at the date of this announcement. After the Acquisition, the Group holds 307,047,374 shares in Mount Gibson, representing approximately 28.14% of the total issued share capital of Mount Gibson as at the date of this announcement. As the Acquisition was conducted through the open market, the identity of the counterparty(ies) of the Acquisition cannot be ascertained by the Group. However, to the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, the Directors believe that the counterparty(ies) and its/their ultimate beneficial owner(s), is/are Independent Third Parties."

    Yeatesy
 
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29.5¢ 30.5¢ 29.5¢ $42.02K 139.7K

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