Again, like the announced Statutory Accounts, interesting reading.
The % held by the top 20 largest holders has increased overall at 29 Sept 2014 from 4 Oct 2013. At 2013 top 20 = 33.53% compared to 2014 = 36.09%.
A somewhat positive sign given the need to raise funds next year - the top 20 should be active (although probably reluctant) participants. Mind you if the io price continues its downward trend and there is no interest around Oakagee, then even a modest cap raising next year will be hard work.
On comparing the top 20 lists, its interesting to also note that the Padbury Employee Share Scheme sold 25mil shares at some stage during the past year. I wonder when that would have been transacted......
Anyway, next stop AGM. Promises to be very 'interesting'......
Cheers,
Mac
Please dyor - particularly on this one.
PDY Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held