Really ? An investment fund that represents Indian Business interests ? Hmmm.... wonder what those interests are ?! Is this the new way to get resources for free ? Buy up the resource company then announce a deal with them and make money on the stock to pay for the purchases ? Wow.
So imagine if contracts get announced with Indian Coal Companies.... CMK will go up nicely. And this outfit that will own 61% of the Companies stock benefits from the rising share price. And that profit goes back to the 'Indian Business Interests'.
That is my view on it anyhow. Stagnant around $0.10 for a while until contracts get signed and announced. Unreal. Would have preferred a takeover at much higher prices. But for new shareholders, downside risk is minimal now.