PRN 0.00% $1.02 perenti limited

Ann: Perenti to partner with Sandfire on the Motheo Project, page-30

  1. 17,842 Posts.
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    Thanks scope …
    My Commsec page shows 47,218,403 traded across the two platforms, ASX and CHI X
    …..which looks to be the most since just under 60 million were traded on 30/08/2019.

    That day 48,045,233 Gresham-owned shares from the Barminco acqisition were block-traded at $1.88 each.
    [30/08/2019;Expiry Barminco escrow period and sale of shares by Gresham]
    … “As noted in the announcement dated 15 August 2019 the beneficial holders of 13,741,900 shares previously held by Gresham elected to have the shares transferred or distributed to them in specie. Perenti believes it is the current intention of those beneficial shareholders to continue to hold their investment in the company..”

    Here’s an image of the top 20 holders;
    https://www.marketindex.com.au/asx/prn
    6E5BC3BA-C30D-4280-A9D0-76EE45FA750B.jpeg



    And here’s one of the large late trade
    https://stocknessmonster.com/trades/prn.asx/
    62C10E60-2CB3-4203-8172-330673A47B47.jpeg

    According to an old post on a another stock [ref], Bremerton PTY LTD is the Bartlett Family Fund.
    - Peter Bartlett was founder and CEO of Barminco [ref]

    Nebraska Pty Ltd links to Ron Sayers who founded and was CEO of Ausdrill.
    ….and the two are reportedly life long best friends

    Maybe they got together and pulled the pin on some of their shares before EOFY?
    Letting go can sometimes be a slow (but inevitable) process?


    Just a theory
    cheers
    Last edited by sabine: 19/06/21
 
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