Michael Shields is a wealthy WA-based investor, coming from a farming/agriculture background. Had 20M shares on the IAM register last year - from memory, he's a mate of MW also.
I wouldn't read too much in to this, TBH. He probably had some seed investment or bought in very early on in the SRT acquisition process. People worth $50M+ don't need to hold on for 1000% gains - a tidy 400-500% increase on 20M shares will do just fine!
Ann: IAM - Top 20 Report, page-41
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Mkt cap ! $13.12M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 220000 | 1 |
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