Actually this may be a totally unrelated but I found this in the course of my research and thought it was interesting. The links below are the substantial holder notices for Jarrad Stuart and Elders FMC.
Jarrad Stuart:
https://www.asx.com.au/asxpdf/20170214/pdf/43fzswfg5cpt0j.pdf
Elders FMC:
https://www.asx.com.au/asxpdf/20160309/pdf/435pvpwvnmwq0f.pdf
https://www.asx.com.au/asxpdf/20160929/pdf/43bl6239xhn9r0.pdf
https://www.asx.com.au/asxpdf/20161228/pdf/43f0jtt344hvt1.pdf
https://www.asx.com.au/asxpdf/20170118/pdf/43fcrlwbzrdlfm.pdf
https://www.asx.com.au/asxpdf/20170223/pdf/43g7s4wxf59rbx.pdf
I think it's interesting that both of these investors appear to be using the same trading strategy: buy a huge amount of shares early on and then slowly sell them as the share price rises. It makes me wonder whether these guys are indeed the professional investors referred to in the JBL annual report. I'll bet these guys aren't happy about the trading suspension.
Speaking of which, do substantial holders still have to lodge Form 604 notices while a stock is suspended from trading? In theory they shouldn't need to because the stock is suspended, right? But what if they do an off-market transfer?
Connect the Dots ..., page-4
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