BLU got someone to hold thier hands in their trouble time. Raymond and his company RP data has declared massive holding and also shown confidence in the company. Placement is done deal at 47. I guess now it should rally back to placement levels atleast.
Raymond Catelan
Managing Director
Ray Catelan joined the board as a director on 18 May 2007 and as managing director on 3 July 2007. Ray has extensive commercial and management experience both in public and private company environments including more than 12 years in the IT industry. Ray founded RP Data in 1991 and was the managing director. RP Data was first listed on the Australian Stock Exchange in May 2000. he is director in several of Listed companies. Cheers
substantial holding
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