Not everyone holds your concerns!!!
16-11-04 JP Morgan Chase and Co buying
up from 7.67% to 8.72% (2,444,902)
11-11-04 National Australia Bank Limited Group bought up from 5.42% to 6.55% (2,662,330)
10-11-04 Goldman Sachs JBWere Group Holdings Pty Ltd bought up from 5.23% to 6.84% (3,761,378)
Invesco Australia Ltd own 8,163,850 (4.67%)
Noble Group Ltd own 19,230,770 (11.01%)
Some of these mobs paid in excess of 80cents and hold about 40% of the shares.
ANZ recently provided $20 million facility for wotrking capital purposes (read 9th Nov announcement)
However what went wrong with recently floated RSP. Oversubscribed and yet closed today @ only 86 cents?
AUO
austral coal limited
