OBM 2.33% 42.0¢ ora banda mining ltd

Paradise Funds back winners

  1. 1,632 Posts.
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    It is interesting to research who the 2 largest institutional supporters (and future beneficiaries) of Northern Star were when the share price was much less than $1 back in 2012.

    Paradise Funds Mgt and Van Eck were the only 2 substantial shareholders owning more than 5% each.

    Paradise have obviously enjoyed that experience and would be very well aware of the solid contribution that Luke Creagh played as Chief Operations Officer in the more recent years.

    A $5 million investment by Paradise barely moves the needle to an organisation of that size/style and I wouldn’t be at all surprised to watch them continue to accumulate if volume blocks of stock become available.
 
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