UCL 0.00% 30.0¢ ucl resources limited

The top 20 shareholder stake changesThe former CEO, Rob Murdoch,...

  1. 819 Posts.
    The top 20 shareholder stake changes




    The former CEO, Rob Murdoch, (Austex Mining) appears to have sold most of his holding (25m approx) to Lundin Mining (ANZ Nominees?)

    The other notable change is RAB Special Situations appears to have reduced their holding by 5 million shares. (HSBC Custody Nominees A/c 3?)

    The new MD, Dr Frank Reid, now owns over 3m shares. Arguably, there wasn't the money to pay his salary, so whether being paid in shares in lieu of salary is as big a vote of confidence as buying at another time is a moot point.
 
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