RMG 0.00% 0.7¢ rmg limited

Mattyroo - I thought it was a good question. Forrest Capital was...

  1. 928 Posts.

    Mattyroo - I thought it was a good question.

    Forrest Capital was originally Dalgety Capital. They are basically Ascent capital's p&d mates. They were on board last time at 2.5c in August 2007 and during RMG's first recapitalisation under the name JK Nominees Pty Ltd as a top 20 shareholder. They dont normally stay a shareholder for long.

    It is a positive because we should see a 'pump' in the near future, I would say on the back of an acquisition, or before this occurs. Might finally see some real volume and action at long last.

    From the ann on 31 August 2007

    'the allottees of the Shares were parties introduced by Dalgety Capital Pty Ltd, a holder of a financial services licence, unrelated parties introduced by the Directors and unrelated parties introduced by the vendors'.

 
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