Ann: Investor Update and Appendix 4C, page-26

A brief examination of the ‘genetics’ of this company gives confidence in the possible future as predicted by Saragian’s technical view.
ie in my experience the concerns and interests of significant shareholders often play a powerful behind the scenes role in low cap companies .


MEET THE SHAREHOLDERS :

On the ‘largest holders’ list, note Farjoy PTY Ltd:
This entity was set up by Frank A Robertson, father of Geoffrey Robertson QC and once partner in Patrick Partners a well known merchant banking stockbroking firm - Sydney’s largest stockbroking firm in 1970 - which became insolvent and went into administration in 1975. http://adb.anu.edu.au/biography/levy-patrick-reginald-pat-14153

Farjoy has a connection to Soul Pattinson via Frank Robertson selling WSP the New Hope Coal mine “on the cheap” according to Michael Baume of the Spectator, (retaining at least 18.8 million shares) when Patrick Partners went into administration .*
Curiously the New Hope Group has a different story to Michael Baume http://www.newhopegroup.com.au/content/about/our-history

As an aside here is a recent update on WSP and New Hope
https://www.marketforces.org.au/was...-concerned-shareholders-to-sell-their-shares/

As another aside here is an image from the 2015 New Hope Annual report noting another Mitchell Services connection in Mr D.J Fairfull, ex chairman of Drill Torque ( which was sold to MSV in 2013 see here )
http://www.newhopegroup.com.au/files/files/Annual Report 2015.pdf



*Here is Michael Baume’s story going into the Farjoy background and connections to WSP and New Hope Group
https://www.spectator.com.au/2015/01/businessrobbery-etc-5/