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DMX pleased with General Capital bargain

2 min read

Australian boutique fund manager DMX Asset Management emerged as the big buyer of General Capital shares building an 8.5% stake in the minnow lender.

The trades went through in the traditionally quiet summer holiday period with DMX paying an average price of 19.2 cents, or $1.3 million, for 6.8 million shares, adding to the almost 847,000 it already owned. Adjusting for last year’s share consol...


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