Do you think the penny has finally dropped with the Oz market about the future of this company?
It still baffles me why I can't find any Oz instos on the top 20 in comparison to the UK and US funds. I noticed today that another one (Fidelity) had to show there hand in the substancial shareholders notice. The previous day M&G (Prudential) announced they had picked up another 9 million in the recent placement taking them to 38 million. Those two alone hold around 20% of the company.
There are a few other big instos sitting just under the 5% mark, so if they took any of the placemt we might see them also show their hand.
Cheers.
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