GREY:NEVDQ - Post by User
Comment by
thomsonion Feb 12, 2014 1:46pm
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Post# 22200977
RE:RE:RE:Hudbay makes an offer to AZC
RE:RE:RE:Hudbay makes an offer to AZCInsider name: HudBay Minerals Inc. Insider's Relationship to Issuer: 3 - 10% Security Holder of Issuer Ceased to be Insider: Not applicable Security designation: Common Shares 2234133 2013-02-25 2013-03-02 Direct Ownership : 10 - Acquisition or disposition in the public market +1,216,300 2.6500 21,458,585 2234134 2013-02-28 2013-03-02 Direct Ownership : 10 - Acquisition or disposition in the public market +200,000 2.6500 21,658,585 2266898 2013-04-16 2013-04-19 Direct Ownership : 10 - Acquisition or disposition in the public market +1,400,000 2.5500 23,058,585 What I find interesting is that Hudbay owns about 23my shares of Augusta at an average cost of say 2.60 and has put Augusta inplay with a takeover offer just above its current cost basis. This suggests to me they really are hoping to attract other bidders to allow them to exit their position...