At a quick glance, it looks like we now we know who has been selling off so hard and so long and so fast - ex Dir Perrin.
Reuters reported that "Western Desert Resources Ltd announces ownership interest of Scott Douglas Perrin Monday, 21 Apr 2014 10:26pm EDT Western Desert Resources Ltd:Says Scott Douglas Perrin holds 133,430,337 ordinary shares representing 21.52 pct of voting power..."
Today WDR reports he has no personal interests at all and only an interest through 50 million Permat shares.
That equates to about 133million Perrin shares sold off since April, and about 12 million Permat holdings shares sold off since April (were 62 million in April). Have i got this right? Please correct me if I've got it wrong.
Also Investsmart.com.au today show major share holders as:
Substantial Shareholders Holding
40,000,000 (10.19%) Permat Holdings Pty Ltd
13,654,489 (3.48%) Investment Holdings Pty Ltd
3,180,000 (0.81%) BLM Superannuation Nominees Pty Ltd
Im, not sure how accurate or up to date this info is but if it is up to date it would indicate that Bruce Mathieson (Investment Holdings) interest has gone down from about 132 million shares to 13 million! Can anyone clarify on this?
BTW how quickly do directors have to declare changes in interest?
Thanks!
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