"all "staff" shares now appear to be held in a single entity - Pac Custodians (APG Plans Ctrl A/c) with 75.2 mill. I note this as it is public info. I can see many reasons to do this, some of which I don't like, and others which I wish I was able to do. The question I would ask is , was it done out of fear? That's the one that does worry me. And what is that fear?"
JWT,I understand that all Directors of any Public Company are obligated to inform the ASX immediatly of any share holding change! This is certainly a very big change and could involve all directors, as you point out.
I ask the question of the Directors, why has this announcement not occured and when did these changes actually occur???
Interesting change to say the very least.
JAWSY:)
APG Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held