1. Most Discussed
  2. Gainers & Losers
HDR 0.0¢

Sells more ARQ

  1. xmagx

    2,032 posts.
    Didn't expect them too sell more.


    ARC ENERGY NL 2002-06-26 ASX-SIGNAL-G

    HOMEX - Perth

    +++++++++++++++++++++++++
    The Directors advise that the Company has sold 1,850,000 shares in ARC Energy NL, realising a profit of $701,750, with total proceeds being $997,750. Hardman retains a holding of 7,475,000 shares, being
    4.9%, in the issued capital of ARC.

    Following sales earlier this month of ARC shares, the Company has realised a combined net profit of $2,969,747 in the current year from this investment.

    A Notice of Ceasing to be a Substantial Holder is following.

    K Davies
    COMPANY SECRETARY and
    CHIEF FINANCIAL OFFICER

    FORM 605

    NOTICE OF CEASING TO BE A SUBSTANTIAL HOLDER

    Hardman Resources Ltd ceased to be a substantial shareholder in ARC
    Energy NL on 25/06/2002.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top