AAG
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0.00% 28.0¢ aragon resources limited

insto buying @ ???, page-2

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  1. jtaylor1
    3,890 Posts.
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    23/11/10
    09:39
    Post #: 7511191
    I'm not overly excited by the price either, but...:

    "The balance of the stock was placed to institutional clients of Southern Cross Equities Limited."

    Anyone else keen to find out who these 'institutional clients' might be? Have a look at the Top 20. It's not exactly littered with big corporate names or fund managers.

    MLX and WGR hold 28% - so where did the other $5mil go to? THAT ladies and gentlemen is the $64m question.

    JT
    AAG Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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