conservative fund invests in wcl

I was reading Half Year report of Mirrabooka Investments Ltd (MIR), and low and behold - there was a name I recognised!

Mirrabooka lists its s/h in WCL as 5m shares with mv of $925k. so that's 18.5c p/s. so I would presume they subscribed for the recent placement.

the listing of securities is as at 31 Dec 2013.
asx release 10 Feb 2014

these guys are old school conservative, experienced investors imho.

great to have an insto on board to keep NHC and EIT compnay

http://www.asx.com.au/asxpdf/20140210/pdf/42mmm63kvmcrb6.pdf