re: Ann: Acquisition of shares by Landbridge ...
Clearly Angus Karolls shares have been sold to Landbridge Group. See AK's final directors interest notice from 17.3.14. Indirectly Held - In capacity as trustee for the A.N Karoll Family Trust Ordinary shares 14,264,365
Looks like the Landbridge Group possibly set up Landbridge Energy Australia Pty Ltd on 14.2.14 with ASIC
Name: LANDBRIDGE ENERGY AUSTRALIA PTY LTD ACN: 168060366 ABN: 39 168 060 366 Registration date: 14/02/2014
Also set up a ABN number on 13.3.14
Entity name: LANDBRIDGE ENERGY AUSTRALIA PTY LTD ABN status: Active from 13 Mar 2014 Entity type: Australian Private Company Goods & Services Tax (GST): Not currently registered for GST Main business location: VIC 3000
So looks to me that Angus wanted out and was happy with 32 cents, even thou management said 36 cents was MANIFESTLY INADEQUATE.
The BIG question - How serious is Landbridge now ??? They take 14 million shares without any access to Westside data.
Also What is Landbridge's intentions for WCL ? The GSA is BINDING with GLNG
This could get interesting real interesting
WCL Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held