ARG 0.23% $8.77 argo investments limited

Yesterday's announcement by WDC following its $2.9b insto...

  1. 477 Posts.
    Yesterday's announcement by WDC following its $2.9b insto placement showed that the Lowy family's interest in the company has fallen from 9.89% to 8.01%. Page 4 of the announcement shows a list of some of the Lowys' private companies.

    Interestingly one of these, Palmerston Pty Ltd, shows up in the Top 20 of both ARG and BKI.

    ARG - shareholding first appeared in Top 20 in 2007 annnual report
    Current position: #19 (0.17% of issued capital)
    945,771 shares
    Current value: $4.98m

    BKI - shareholding first appeared in Top 20 in 2006 annual report with around 500,000 shares
    Current position: #10 (0.36% of issued capital)
    1,372,092 shares
    Current value: $1.28m

    Anyone else recognise any names or companies in LIC Top 20s?
 
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