'Mariner has explored a number of investment opportunities over the last 3 months, and is now pleased to announce to the market a number of acquisitions:
1,078,167 shares in Capilano Honey Limited (ACN 009 686 435), representing 12.65% of the issued equity of that company;
6,630,958 shares in Farm Pride Foods Limited (ACN 080 590 030), representing 12.02% of the issued equity of that company;
1,700,000 shares in Tasmanian Pure Foods Limited (ACN 124 272 108), representing 19.65% of the issued equity of that company;
1,441,039 shares in Peanut Company of Australia Limited (ACN 057 251 091), representing 19.83% of the issued equity of that company.
These four investment stakes will be acquired from a listed Australian investment company for a total consideration of $3,160,000.'
not bad work for a $1 million MC company.
It looks like the masterplan is now revealed - MCX is to be re-built as a food conglomerate.
very interesting. good luck gents.
MCX Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held