Please understand that MQG were the lead managers of the 15.6M shares allocated in the placement. This does not mean that they now own them - they were simply the broker doing the leg work to get the shares away. They underwrote the placement so they would have been obliged to take any shortfall (as if that was going to happen). Safe as houses deal for MQG.
The bulk of shares that have changed hands recently have been via the 15.6M placement and Regent disposing of 24M odd shares. So around say 40M shares.
As we know, Ausbil Dexia (6.6M)and Tribeca (6.2M)both now own 5-6% of the company stock which is around 13M shares in total.
What is in question is who now owns the other 27M shares - no other notices have been lodged.
Please understand that MQG were the lead managers of the 15.6M...
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Mkt cap ! $735.5M | |||
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