EGL environmental group limited (the)

Ann: Change in substantial holding, page-8

  1. 1,219 Posts.
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    Yes, @clare1. It seems that Joshua Baker's Capital H subscribed to some 17% of the placement through Taylor Collison. The fund is already showing a paper profit of ~25%. Other shrewd subscribers - including selected instos - are showing a similar profit.

    Meantime, we can expect another Substantial Shareholder notice from the Richardson family. The family's recent sell-down allowed Capital H to take a strong position in the register.

    Joshua Baker's decision to step into the market at 23c suggests Capital H may want to build it's second-ranking stake beyond 10.4%.
 
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27.5¢
Change
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