Ann: Change in substantial holding, page-3

Or NOT an indication of anything much?
Its holding INCREASED by around three million new shares?





Schroeder is a long term holder here (eg: it bumped up from 7.53% to 10.53% back in November 2018 [ref])

Looks to me like its’ weighting changed after the share issue to pay for Mining West?
.... and that it bought into that raise and since then has been taking a bit of cream off?

‘New’ blood here is West Australian mining blue blood in the form of CEO Mike Sutton the ex-Downer mining chief who, in less than a year, managed to gather up - for MACA - the Downer division, Mining West, he had been long-rumoured as wanting via a management buy out from within Downer.

Plus hints in the field Gina has more work in store...

And yesterday’s news from Euroz was reassuring too I thought?

cheers


[Euroz Hartleys Institutional Investor Conference March 2021]