Here's a link....
https://waterpressure.wordpress.com/...mine-timeline/
I didn't think much of it as it read conspiracy all over.....
but the more i read the background and relevant links were provided and it made me wonder.
The reason i am posting this link now is because in the article it mentions the silent majority shareholders that are hidden.....
I have no idea what this means...... but it does explain the things that the board does which alot of smaller shareholders find strange.
If you have upwards of an hour spare you might find the above link interesting...... it is however very complex and over my head.
But my nose still works and I smell something..... just dont know what it is...... but it has stopped me from investing in anything but
myself for a very long time.
Hope someone here can make an informed critique of the link.
an extract
55)October 15, 2010: Then, a day later, none other than L1 Capital Pty Ltd of Level 5, 101 Collins Street, Melbourne, commences aggressively buying up shares in Bathurst Resources Ltd as well on behalf of National Nominees Ltd, (who just happen to be major shareholders in New Zealand Oil & Gas Ltd [5.76%] and BNZ/ National Australia Bank [11.98%]) State Street Australia Ltd, Cogent Nominees Ltd and JP Morgan Nominees Australia Ltd (also major shareholders in New Zealand Oil & Gas Ltd [0.65%] and BNZ/National Australia Bank [10.32%]) between October 5
– 13 October 2010 – increase its voting power to 7.09%. [Bathurst website PDF File: Oct 15, 2010, Becoming a Substantial Holder] – we remember, New Zealand Oil & Gas Ltd is the controlling shareholder of Pike River Coal Ltd as well.
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