Interesting snippet in The Australian today. Was not aware of this project, though seems development has yet to commence...?Meanwhile, theSmorgon family will be hoping that their other fledgling investment in aprivate company fares somewhat better than Tribe.
They seem to have hopped into bed with former Dow Chemicals CEO AndrewLiveris last year in a new salt venture he’s got going near Karratha, Western Australia.
Margin Call can reveal the Smorgon family office has takenalmost 20 per cent ownership of Leichhardt Industrials Group, in which Liveris appears to have about a quarter stake following a recent corporate restructure and the capital raising.
Leichhardt is developingthe Eramurra salt project near Karratha; it would seem thehope is to manufacture chemical salt that can be sold into the Asia-Pacificmarket. For anyone wondering, it’s a substance used to make chlorine andcaustic soda that’s then used in the production of paper, glass, PVC and paint.
Liveris’s son Nick, an investment banker based in New York withpriors at McKinsey and Merrill Lynch, is on the Leichhardt board, as is VictorSmorgon Group managing director Peter Edwards.The family office holds its stake via their VBS Investments vehicle, the sameentity used to pile into Tribe.
- Forums
- ASX - By Stock
- BCI
- BCI Beautiful Compounding Investment
BCI Beautiful Compounding Investment, page-847
-
- There are more pages in this discussion • 476 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BCI (ASX) to my watchlist
|
|||||
Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $692.3M |
Open | High | Low | Value | Volume |
23.5¢ | 24.0¢ | 23.5¢ | $18.29K | 77.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 248893 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 75850 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 248893 | 0.235 |
18 | 287541 | 0.230 |
4 | 95744 | 0.225 |
13 | 300471 | 0.220 |
1 | 4000 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 75852 | 4 |
0.245 | 38097 | 4 |
0.250 | 21000 | 2 |
0.255 | 77988 | 3 |
0.260 | 422765 | 5 |
Last trade - 14.52pm 15/08/2024 (20 minute delay) ? |
Featured News
BCI (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online