RQL 0.00% 26.0¢ resource equipment ltd

I wish I could just bite the bullet and move on like the dynamic...

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  1. 1,073 Posts.
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    I wish I could just bite the bullet and move on like the dynamic management team at RQL.

    It's been inspirational to see Andrew cash in his 11m performance options at $0.26 and to learn Loddie may pick up another 6.6m shares as earn out from his sale of Campbell Mining to RQL which is now the target.

    Keith took his $7m medicine early along with Pete and his $104k which is now off the table. Only Tony seems transfixed in the headlights of Loddie's generous offer.

    Me, I am still sitting looking at the majority 50.02% held by Pump Services, ruminating on my 60% loss under such stalwart leadership and wondering what are the Significant Shareholders thinking? It's going to take Bell Potter ages to mop up 240m shares in 12 share lots like they were doing yesterday afternoon.

    Last list of largest holders <5% from the Annual Report were:

    Column 1 Column 2 Column 3
    0 Name Number held
    Percentage
    1 Carosti Investments Pty Ltd
    61,516,296
    19.78
    2 Mr Anthony Gerard Ryder
    27,870,322
    8.96
    3 Mr Keith Danby Lucas
    27,186,026
    8.74
    4 UBS Nominees Pty Ltd
    23,559,844
    7.57
    5 Wyllie Funds Management Pty Ltd
    23,467,077
    7.54
 
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Currently unlisted public company.

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