Van Eck Associates Corp increased Position in Asanko Gold Inc
Van Eck Associates Corp has filled a SC 13G/A form regarding Asanko Gold Inc
The $30.53 billion institutional investor looks more positive after such an increase of Asanko Gold Inc’s position.
Form 13G is used when the filer owns between 5% and 20% of the company and plans to hold it only as a passive investor. If the filler intend to exert control and if the stake’s size exceeds 20%, then a 13D must be filed. Therefore, activist investors and practices such as: hostile takeovers, company breakups, and other “change of control” events, are not permitted by 13G filers.
Van Eck Associates Corp website.
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