According to the Shaws note. these are (or were?) the 2 funds with the largest holdings:
http://www.icofund.com/team.html
http://www.kineticip.com.au/default.asp
David Spencer and Peter Davis must be our 2 MAJOR Blimps.
Disappointing few days. In retrospect, that US placement just a fortnight before the JORC is a bit hard to fathom. Looks like an error of judgement. Also probably still a bit of an overhang from the previous placements too.
Let's see what the next few weeks bring after the company beging selling the story to new investors both here and OS and the significance of the JORC begins to set in.
According to the Shaws note. these are (or were?) the 2 funds...
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