Or NOT an indication of anything much?
Its holding INCREASED by around three million new shares?
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Schroeder is a long term holder here (eg: it bumped up from 7.53% to 10.53% back in November 2018 [ref])
Looks to me like its’ weighting changed after the share issue to pay for Mining West?
.... and that it bought into that raise and since then has been taking a bit of cream off?
‘New’ blood here is West Australian mining blue blood in the form of CEO Mike Sutton the ex-Downer mining chief who, in less than a year, managed to gather up - for MACA - the Downer division, Mining West, he had been long-rumoured as wanting via a management buy out from within Downer.
Plus hints in the field Gina has more work in store...
And yesterday’s news from Euroz was reassuring too I thought?
cheers
[Euroz Hartleys Institutional Investor Conference March 2021]
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Dani Nadri, Country Manager Australia
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