I did notice sales of 13m and 20m go through on the 23rd with a corresponding buy of 15m. The 20m sale was completed on the 24th.
I would imagine we will see some change in substantial ownership announcements go through later this week.
New director Peter Buttery has 7.6% of FRE as per last notice. Citystyle Holdings seemed to come on board at the same time and has 8.6% of FRE as per last notice. I am assuming that this is controlled by Matt Ranawake.
Off interest I did a search on Citystyle Holdings and noticed that they also have a position in AKW. At their recent AGM 4 new directors were put up for election including:
Matt Ranawake Peter Buttery Kenneth Carr
Ring any bells?
Not sure what this means yet but will do some more digging.
FSG Price at posting:
0.4¢ Sentiment: None Disclosure: Held
