It is interesting to research who the 2 largest institutional supporters (and future beneficiaries) of Northern Star were when the share price was much less than $1 back in 2012.
Paradise Funds Mgt and Van Eck were the only 2 substantial shareholders owning more than 5% each.
Paradise have obviously enjoyed that experience and would be very well aware of the solid contribution that Luke Creagh played as Chief Operations Officer in the more recent years.
A $5 million investment by Paradise barely moves the needle to an organisation of that size/style and I wouldn’t be at all surprised to watch them continue to accumulate if volume blocks of stock become available.
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97.0¢ |
Change
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Mkt cap ! $1.831B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 75 | 105163 | 97.0¢ |
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|---|---|---|
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