OAK 1.45% 7.0¢ oakridge international limited

re: Ann: Minor International Increase In Subs... When I remember...

  1. 460 Posts.
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    re: Ann: Minor International Increase In Subs... When I remember back to the list of substantial holders from 21st of March in the bid statement, I remember seeing the following holders.

    21.3% - Oaks Apartments Management
    20.0% - Minor
    13.1% - Centrepoint Holdings
    6.6%% - J P Morgan Nominees

    Now, I initially thought that JP were trust holders, but reading over past announcements, I can't see where the shares were handed to them. So they must be an old holder.

    If this is the case, they would have needed to create a change in substantial holding if they sold or brought anything. Because we have not seen any and assuming they have no relationship to the receivers, we can almost assume that they are still sitting on 6.6% and intending to make a fat profit. (Unless they originally brought in at $1).

    Does anyone know anything about JP's relationship to Oak? Is it time to get excited?
 
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