There has been much conjecture regarding the share structure of RDS and what has been disclosed to the ASIC and ASX.
There are 4 shell companies that are of interest, Samarkand Holdings, Eastern Prospecting, Bullrun Investments and Lanark Resources - these at present, constitute 16.95% of the issued share capital.
I have received information from a source detailing the relationships between the holders of the four subsidaries in question. These are detailed below:
Samarkhand – Mr Paul Ailakis. Brother to Mr A. Ailakis and Mr R. Ailakis.
Eastern – Mr Paul Babun. The information provided is that this person is likely a friend of Mr R. Ailakis.
Bullrun – Mr Phillip Gardoll. The information provided is that this person is a friend of Mr R. Ailakis.
Lanark – Ms Lynette Ailakis. Sister to Mr A. Ailakis and Mr R. Ailakis.
Upon investigation of this, company searches detail that these relationships have been in place between 10-13 years.
This is posted for the public record.
RDS Price at posting:
6.0¢ Sentiment: None Disclosure: Not Held
