Morning
@Oyster farmer
No - I am not suggesting anything 'untoward'. However, I am suggesting something uncommercial.
Have a look at the Top 20 Holders as at September 2017
Volcan is the second largest shareholder but owes QBL $1,200,000 - that debt was 'impaired' according to the last Annual Report.
Now ... ask yourself who has an interest in Volcan? After all, the '
impairment' was made in Volcan's favour.
I will make it easy for everyone.
Source
https://www.bloomberg.com/research/stocks/private/people.asp?privcapId=52967155
Ok ... so as some on here have been noting ... do you think that an independent Board Chairperson might be helpful?
By the way;
"
Volcan Australia Corporation Pty Ltd. engages in bauxite exploration and mining. The company was incorporated in 2008 and is based in Sydney, Australia. Volcan Australia Corporation Pty Ltd. operates as a subsidiary of Volcan Holdings, Inc."
Source
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=52967155
Top 20 Shareholders as at 26/09/2017 QBL
|
Shareholder |
Effective Date |
Capital (%) |
Shares |
Notes |
| 1 |
First State Pty Limited |
26/09/2017 |
18.62 |
280,605,638 |
|
| 2 |
Volcan Australia Corporation Pty Ltd |
26/09/2017 |
12.55 |
189,375,000 |
|
| 3 |
Mr Ian Stuart Watson & Mrs Catherine Jane Watson |
26/09/2017 |
2.11 |
31,752,523 |
|
| 4 |
Jacobson Holdings Proprietary Limited |
26/09/2017 |
1.59 |
24,000,000 |
|
| 5 |
Mr John Mcdonald & Mr Shaun Mcdonald |
26/09/2017 |
1.33 |
20,030,835 |
|
| 6 |
Mef I Lp |
26/09/2017 |
1.02 |
15,404,931 |
|
| 7 |
Mr Andrew Kavasilas |
26/09/2017 |
0.75 |
11,360,124 |
|
| 8 |
BNP Paribas Noms Pty Ltd |
26/09/2017 |
0.72 |
10,850,000 |
|
| 9 |
Mr Karl Baarda |
26/09/2017 |
0.70 |
10,500,000 |
|
| 10 |
Mr Kwok Kim Cho |
26/09/2017 |
0.58 |
8,700,197 |
|
| 11 |
Consult4Nts Pty Ltd |
26/09/2017 |
0.54 |
8,100,000 |
|
| 12 |
Kore Management Services Pty Ltd |
26/09/2017 |
0.53 |
7,952,087 |
|
| 13 |
Ecometrix Pty Ltd |
26/09/2017 |
0.53 |
7,952,086 |
|
| 14 |
Ms Hiroyo Kitatani |
26/09/2017 |
0.52 |
7,867,000 |
|
| 15 |
Mr Isaac John Esposito |
26/09/2017 |
0.50 |
7,572,561 |
|
| 16 |
Capita Trustees Limited |
26/09/2017 |
0.47 |
7,141,127 |
|
| 17 |
Jam Syndicate Pty Ltd |
26/09/2017 |
0.47 |
7,081,300 |
|
| 18 |
HSBC Custody Nominees (Australia) Limited |
26/09/2017 |
0.47 |
7,049,571 |
|
| 19 |
Mr Robbie Dalgleish |
26/09/2017 |
0.45 |
6,789,801 |
|
| 20 |
Mr Kok Keen Chong & Mrs Hue Nghi Chong |
26/09/2017 |
0.44 |
6,627,545 |
|
| 21 |
Total Held by Top 20 Shareholders |
44.89 |
676,712,326 |
|
|
