yes Australian fundies are notoriously useless, especially considering how many companies have been taken over on the ASX in the past few years...
One UK fund took 20m shares of the 38m raised in the last capital raise.. have a look at the new top holders on the company website...
top 6 holders now own 45% of the float...
our board is also looking very very strong now... im not fussed if this doesnt go any higher or not.. as they settle cases their book value will keep going up.. as long as they stay disciplined and keep hitting the sort of returns they have over the years... shareholders will be very happy over the long term here.
The perfect stock to hold in a recession!
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