DMC 16.7% 30.0¢ design milk co limited

windfall for a certain oiler....

  1. 10,605 Posts.
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    I was just having a squize through the paperwork for INT when I noticed that a Top20 shareholder in INT last year was Commonwealth Mining NL with 0.57% of the company. It didn't mean much until I checked the info elsewhere and found that until the restructure of INT earlier this year LKO had held 6.67% of INT.

    Checked the numbers before and following the restructure and sure enough Commonwealth Mining appears to be a subsidiary of LKO.

    Their 2.827million shares have increase in value in the last two weeks from $169k to $523k (all presuming they haven't sold since the last Top 20 list.

    If INT keeps going up that would sure beat hitting the poor long suffering LKO shareholders for another round of capital??? INT might even pay a divvy in the future...
 
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