DTR 16.7% 0.4¢ dateline resources limited

Ann: Prospectus to Renounceable Rights Issue, page-32

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  1. 35 Posts.
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    Stevie, I think you'll find that prior to his current role in DTR, Baghdadi was the CEO/MD of Southern Cross Petroleum. That entity was the largest shareholder in DTR for many years and still holds somewhere in the 5-7% range of DTR stock. From memory, he was the largest shareholder in SCP and additionally, Johnson was also a significant shareholder. Johnson had lent SCP a significant sum through a loan arrangement and was very supportive of the company, just as he has been here at Dateline. I'm not sure if Southern Cross was ever listed (suspect they were) but you can find their website with a quick search and have a look at some annual reports that go back a number of years. It should give you a feel for why/how we are now.
 
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