The weirdness never ends with NET.According to my online...

  1. 199 Posts.
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    The weirdness never ends with NET.
    According to my online brokerage research

    Substantial Shareholder List at 19/09/2022
    ShareholderReef Investments Pty Ltd 193,443,820 (0.2 BILLION SHARES)
    Arie Manager Pty Limited 1,902,556,034 (1.9 billion shares)

    Arie manager is SCM (Strategic Cpaitla Management it turns out) which is also run by James Tsiolis the CEO of NET!
    https://company-announcements.copyright link/asx/net/cb2049e8-b128-11eb-909e-b2015a5b65f5.pdf
    SsO THE CEO IS THE CEO OF A FUND MANAGEMENT COMPANY (IT SEEMS) THAT IS ALSO BUYING INTO net. WONDERFUL! FOREGIVE MY SCEPTICISM, It may be best not to place too much confidence in the CEO's funds management company.

    The it gets even weirder. The only sensible director is Hakan Ericsson, he has NO shares owned by him in NET directly. Hakan only options. Mister Booker is a bit of a smarty pants. Mister Booker has reduced his exposure to NET (both direct and indirect) by a total of at least twenty million shares in a little over a year.

    As a reality check, Geoff Raby, Steve Gibbs and James Stickland do not have shares amounting to any real value. Not at 0.6 cents a share anyway. I guess they kn wo where not to invest.



 
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