Chances are many of these have been individuals in self managed super funds using 'direct investment' option to buy galaxy shares .. Dating back as far as aprill, from the records in the attachment..
ausbill just fascillitating..
I for one use my caresuper direct investment option to do exactly this with my super, started buying 3yrs ago in the $2's and over last 3yrs been buying all the way down to the 80c.. You can only hold a max of 30% of you super in a single stock, I've maxed my holding for gxy.. Even had to put in an extra 200k into super just to be able to buy 60k more of gxy last year..
my gxy & lyc shares in my care super, the rise of both over the last several mths, after a hiddeous 3yrs buying all the way down, is glorious.. I can pretty much retire now on my maxed supper account.. But I'm holding till I'm 65, in 20yrs
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Ann: Change in substantial holding, page-6
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