AND 4.55% $1.04 ansarada group limited

re: andean bigger than oxiana??? Evening Lobster, yes was good...

  1. 5,342 Posts.
    re: andean bigger than oxiana??? Evening Lobster, yes was good to see that the Commonwealth funds division have still been active since their last holdings report. These funds are normally long term investors, so gives (us) more confidence in the full project when they have been buying at near current prices. (CBA Funds now holding 7.25% or approx. 19.463mil)

    At the moment is looks as though the "kingsgate" offer has little chance of succeeding, unless of course some larger players think otherwise? With the tight register I would tend to think that they will have little chance of acquiring too many acceptances....but then again I am biased! All in all it may turn out to be "just an expensive exercise"?

    Cheers and good luck with your holdings.

 
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