In response to my post; 09/02/12 11:53 Post #: 7726510 re: renounceable rights issue allotment. I thought I'd go looking for information relating to MLEQ Nominees, given they have left the top 20 list.
I now suspect MLEQ Nominees bank-rolled the placement(s) in Nov/Dec and have since sold these holdings (plus rights). But the plot thickens and I'm not sure if this has been properly disclosed to the market? Guess it depends on the final benefactor (BoA?).
MLEQ Nominees Holdings as at; 12 Sept 2011 2,206,128 (0.53%) 10 Jan 2012 13,827,390 (3.08%) 9 Feb 2012 no longer listed as Top 20 Shareholder
MLEQ Nominees Pty Limited 19th Flr 360 Collins St Melbourne, VIC 3000, Australia
Now it turns out that Berndale Securities Limited is a leading provider of Third Party Clearing services to the Australian marketplace, and is ultimately a wholly owned subsidiary of Bank of America Corporation (BoA)!!
Also lists Paul Masi as a Director ex Merrill (BoA) - however this is probably old info. As he moved to Austock in Feb 2010.
Couldn't help but think the Berne No 132 Nominee shareholdings might also be 'Bern'dal'e' Securities Limited associated companies, however from what I can tell the Parent Company is RBS Morgans Limited.
Not sure if RBS Morgans Limited and BoA are linked. Anyone?
Happy hunting.
Gus
PLA Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held
