So the shares are being shuffled around a family trust. I think these rules came in when Owen Hegarty was forced to sell shares to in OZL circa 2008 which were on margin (not exactly sure). Obviously he is no longer getting mgmt fees so he needs to free up some cash via a margin loan. I wonder if Martin is a descendent of John Holland. It’s all moot point as he is just a shareholder like the rest of us now
LPI Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
