Originally posted by apkjm
Jun 17, 2016 Financial Review , no big deal for what its worth , but yes public knowledge mate ! A simple Google search using both parties names will have you sorted !
Normally, activism is the preserve of specialist funds or aggressive institutional fund managers taking long or short positions in a stock.
The big funds either go public with bold demands or put pressure on management behind closed doors in order to lift shareholder returns
OzBlue and SuperNinja, which are the chat room nicknames of Bill Lambert and Michael Langford, have turned this concept on its head.
Through the combined power of email communications and the HotCopper chat room, which is used by day traders, Lambert and Langford have marshalled the forces of about 400 small shareholders, who own about 25 per cent of Pilbara Minerals.
Oh, I must of been sleeping behind a rock...........
Makes sense now.