STX 2.56% 20.0¢ strike energy limited

Ann: Walyering Production Update, page-114

  1. 5,348 Posts.
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    sky punter,

    mitsubishi UFJ is the seperate financial arm of Mitsubishi group. They are very likely, in this case, a custodian of a position held by someone else (most probably an arb fund buying TPD to sell STX on the SOA - imo).

    To suggest a link to the Mitsubishi part ownership of the NWS is a big stretch. That is the energy arm of Mitsubishi group.

    Morgan Stanley would also likely be the custodian for an arb fund doing the same.

    what will be interesting is if we see a big cross trade or declaration of a substantial holder in STX. Then it will be fireworks.

    imo



 
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