CBH 0.00% 7.0¢ coolabah metals limited

30 cents, page-6

  1. DSD
    15,799 Posts.
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    Dwecke 2000 writes
    'CBH has 27cents in cash in the bank...and all assets at 3cents...mate it might get traded down to that..but it will be the seller losing its shirt as IOOF who owns 43 million shares will buy anything around that....'

    Doesn't fit well but list below shows top 2 shareholders own just over 48% of CBH. Namely TOHO Zinc (25%) and ANZ Nominees (23.29%).
    Who is IOOF and has shareholders changed much since last yrs annual report in september 2007?

    It DOES concern me when 2 firms own effectively 50% of a company.

    What are their aims and strategies?? How can we guess what their motives/situations are??
    Will one firm exit after the merger??
    Makes buying a complex decision.
    Mike.





    Name Number of Percentage of
    Ordinary Shares Issued Shares
    Held %
    TOHO ZINC CO LTD 50,000 25.038
    ANZ NOMINEES LIMITED 46,525 23.297
    HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED-GSI ECSA 28,071 14.057
    CITICORP NOMINEES PTY LIMITED 26,414 13.227
    J P MORGAN NOMINEES AUSTRALIA LIMITED 11,888 5.953
    HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED - A/C 2 11,650 5.834
    HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 5,062 2.535
    CS FOURTH NOMINEES PTY LTD 5,000 2.504
    HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED-GSCO ECA 3,876 1.941
    BELL POTTER NOMINEES LTD 3,000 1.502
    NATIONAL NOMINEES LIMITED 2,086 1.045
    CITICORP NOMINEES PTY LIMITED 1,523 0.763
    HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED - A/C 3 1,000 0.501
    COGENT NOMINEES PTY LIMITED 895 0.448
    MR JAMES ARTHUR WALL 750 0.376
 
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