IMS IFL

qqqqqqqq, State Street, NAB, Citi and BNP are custodians, they...

  1. MrKr3il
    21 Posts.
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    23/06/14
    18:14
    Post #: 13561095
    qqqqqqqq, State Street, NAB, Citi and BNP are custodians, they do NOT call any shots whatsoever. They just HOLD the securities on behalf of Perennial. Listing their holdings provide no new information, the reduction in holdings of each of those institutions (keeping in mind they HOLD the securities for Perennial) is equal to the reduction given in the notice, i.e. reduction of 6,115,455 shares. To suggest those institutions are taking a view is simply incorrect.
    IFL Price at posting: $8.28 Sentiment: None Disclosure: Not Held
    MBE Price at posting: 20.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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