Originally posted by andrewk65
How did we know it was b&y management that held a lot of shares? Were they listed as substantial holders or was it just speculation. Sometimes it seems like brokers never actually own anything they just direct clients to get in and out to generate brokerage. That along with fees for running CR's seems to make them very rich without actually risking holding super spec companies like obj it seems. Would love to know if anyone from by did actually directly hold but dont know how you find that out.
According to OBJ Shareholders that post on Hotcopper and who were/are close to some of the lads @ B&Y; internal B&Y Management did at one point hold OBJ shares. You could always ring B&Y direct, to confirm the current scenario - (08) 8236 8888.
Back in 2016, Dirk Van Dissel and Tom Boorman were the two 'go-to' people, but when you visit B&Y's website now, they don't seem to be listed as part of B&Y's 'People' anymore:
https://www.bakeryoung.com.au/people/
Looks like Dirk is now working for Adelaide Equity Partners as of last month, in the capacity of Director of Corporate Finance:
https://www.linkedin.com/in/dirk-van-dissel-a9023549/?originalSubdomain=au
And it looks like Tom Boorman now works for Morgan Unley as of June this year, in the capacity of Private Client Advisor and still lists himself as a Board member @ Atomix Digital:
https://www.linkedin.com/in/tom-boorman-37079a48/
I have also been told in the past by one of the 2 X B&Y lads, that B&Y Management also held OBJ shares a few years back, but have no idea if they still hold.
(20min delay)