My guess is a major shareholder is about to take 51% or more controlling stake. The way Bobcock n brown(BNB) is going it looks like the 20.30% is up for sale. This would lift the interest in the shares with a possible full takeover down the track. I just hope the Jackgreen board dont short sell the small shareholders with a low ball takeover recommendation on current value, But look to future potertial value of this great company.....IMO .50cents pluse in 6 months
AGSO Property Pty Ltd 42,245,909.. 20.30% (BNB)
Cogent Nominees Pty Limited 40,000,000.. 19.22%
Hunter Hall Investment Management Limited 40,000,000.. 17.33%
Hayson Super Investments Pty Ltd 14,285,714.. 6.86%
Zimbia Pty Ltd 12,303,998.. 5.91%
JGL Price at posting:
12.5¢ Sentiment: Buy Disclosure: Not Held