Just found this from June...
I'd seen SuperNinja's posts on the PLS thread. He doesn't post often but when he does...he can get 300-400 LIKES. That's beyond words.
This story goes into a bit more about him and that incredible influence he carries and with that... investor interest.
If he likes something...it's because it IS GOOD.
His word could shift 20M-50M in buying to AGY in a few days. Even if we 3 bagged to 9 cents...that's STILL only a a 65M MC...were still very much undervalued.
Once SuperNinja get a catch to fully review AGY...LOOK OUT!
Meet the new shareholder activists: SuperNinja fights Pilbara Minerals takeover
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Pilbara Minerals CEO Ken Brinsden has met shareholder activist Bill Lambert, aka OzBlue.
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by Tony Boyd
Australian shareholder activism broke new ground this week when OzBlue and SuperNinja organised a big position on the share register of lithium mining and exploration company Pilbara Minerals.
Normally, activism is the preserve of specialist funds or aggressive institutional fund managers taking long or short positions in a stock.
The big funds either go public with bold demands or put pressure on management behind closed doors in order to lift shareholder returns.
OzBlue and SuperNinja, which are the chat room nicknames of Bill Lambert and Michael Langford, have turned this concept on its head.
Through the combined power of email communications and the HotCopper chat room, which is used by day traders, Lambert and Langford have marshalled the forces of about 400 small shareholders, who own about 25 per cent of Pilbara Minerals.
They followed that up with the lodgement this week of a substantial shareholder notice for 5.8 per cent of the issued capital or 68.87 million shares worth $40 million.
The shareholder notice lists the nature of the relevant interest in Pilbara Minerals as "association of like-minded holders". An annex attached to the notice lists the names and holdings of about 50 shareholders in Pilbara Minerals.
But an activist investor at a major fund in Sydney said the shareholder notice was not a legal document even though it was in keeping with guidelines issued by the regulator.
He said the substantial shareholder notice should set out the legal agreement between the parties acting in concert and their objectives. 'Against cheap takeover'
Lambert owns 1.17 million shares, while Langford, a former CNBC presenter, owns 4.7 million.
Most of the shareholders are sitting on huge profits thanks to the fivefold increase in the Pilbara Minerals share price over the past 12 months. One holder, Pascale Bevilacqua, owns 20 million shares worth $12.5 million.
Pilbara Minerals has been swept up in the global mania for lithium stocks. It is developing the 100 per cent owned Pilgangoora lithium-tantalum project, 120 kms south of Port Hedland.
It is the world's second largest spodumene resource, which holds out the prospect of being a long term, low cost supplier of lithium.
Lambert says there are no immediate complaints from the group of like-minded shareholders about the performance of Pilbara Minerals management, which is led by former Atlas Iron CEO Ken Brinsden.
Since Brinsden took over as CEO in January, Pilbara Minerals has raised $100 million through an $85 million institutional placement and $15 million share purchase plan. This brought a range of institutional investors from Australia, the United Kingdom and the United States onto the register.
Lambert says recent takeover speculation had small shareholders worried about the company's future.
"We are deadset against any cheap takeover," he says.
"We just want the profits from this mine to flow to Australians over the next five to 10 years.
"I suppose you could say we are preparing to help defend the company from a takeover in the future."
Lambert resists the term "shareholder activist".
"We are not activists," he says.
"We are just a group of interested shareholders who are big believers in lithium and electric vehicles."
Brinsden met with Lambert recently in Perth. At the meeting Lambert suggested he interview Brinsden and the transcript be released to the ASX.
Within a couple of weeks, Brinsden had done an interview with the company Inside Briefing and released it to the ASX.
