I am not planning to post on AHR till we receive AHRs reply to the bidder statement or another key event.
I would have loved to be a fly on the wall during the Joint Venture discussions which lead to the takeover offer decision.
As motioned I can see the C.S.J Group getting 51% due to shareholder frustration. Below is a link to the top 20 54% with 51% control AHR can be restructured.
Please make your own decisions.
Holder Name Balance at 10-1-11 % FALLON NOMINEES PTY LTD 3,662,510 7.31% GAGE RESOURCES PTY LTD 3,084,345 6.16% EASTMIN PTY LTD 2,550,000 5.09% ST JUDE EXPLORATION PTY LTD 2,285,000 4.56% MR DAVID JOHN HANKS 1,818,877 3.63% ROSSDALE SUPER FUND PTY LTD 1,675,653 3.34% MR NEIL KENNETH WATSON 1,553,750 3.10% SPACEFACE PTY LTD 1,396,045 2.79% MS MAREN ANKE MARIA GOERDEL 1,296,250 2.59% JOPAN MANAGEMENT PTY LTD 1,214,217 2.42% MOLLER CORPORATION LTD 1,000,000 2.00% MR TREVOR IAN WOOLFE 980,500 1.96& MR GARY NOEL FALLON 844,286 1.69% SUSAN M MESSNER & WILLIAM CALLENDER 765,000 1.53% BLESSED INVESTMENTS PTY LTD 575,000 1.15% TRANSCONTINENTAL CREDIT CONTROL PTY LTD 565,000 1.13% YELLOWROCK PTY LTD 522,500 1.04% SYMINGTON PTY LTD 508,500 1.01% MR D N WALKINGTON 508,500 1.01% LG DUDFIELD PENSION FUND 460,899 0.92%
Top 20 holdings 27,266,832 54.42%
AHR Price at posting:
28.0¢ Sentiment: None Disclosure: Held