Anthony W. P. Sage, executive chairman of Cape Lambert, has upped its stake in the iron ore specialist to almost 5%.
Sage bought 440,000 ordinary shares on 27 October off-market from an unrelated party for A$88,000 and 620,000 on 24 October 2008, 605,000 on 27 October 2008, and 775,000 on 28 October 2008 on market for a combined consideration of A$380,183.72.
He now holds a beneficial interest of about 24.41m shares or 4.82% in the company.
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