well Hotfire... that was stealth buying by Renaissance Smaller Companies Pty Ltd of 1,581,746 shares
who is Renaissance Smaller Companies Pty Ltd?
RSC is a professional investment manager that HESTA industry super fund uses to invest its members' funds.
RSC also manages about $56Million for the federal government's Superannuation Provision Account Investment Portfolio.
Funds set aside in the SPA assist the Government in meeting its long-term defined benefit employer superannuation obligations.
Sources:
http://www.hesta.com.au/Members/Investment-Centre/Where-are-HESTA-Funds-Invested.html
www.treasury.act.gov.au/budget/budget_2010/files/paper3/16invest.rtf -
1297174480
below the radar until jorc, page-8
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