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20-11-2013, 09:31 AM
#3491
.......can someone more knowledgable than me (please dont everyone answer), confirm the other cornerstone shareholders we have and the percentages they hold? I have managed to find Edinburgh Equity holding over 58million shares @ 5.6% and Sinclair Longterm Holdings with 144million shares @ 13.8%........who are the others? Just trying to establish the % of shares on offer that are "locked away"...... so to speak.
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20-11-2013, 09:32 AM
#3492
Member
BV. I have to agree with your sentiments, and apologise for sending that post to this forum. A rush of blood….
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20-11-2013, 09:42 AM
#3493
Originally Posted by garfy
BV. I have to agree with your sentiments, and apologise for sending that post to this forum. A rush of blood….
........well accepted Garfy, it happens to us all at times....( and besides Im picking Moosie is big enough to not let it worry him too much)
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20-11-2013, 09:54 AM
#3494
Member
Originally Posted by GR8DAY
.......can someone more knowledgable than me (please dont everyone answer), confirm the other cornerstone shareholders we have and the percentages they hold? I have managed to find Edinburgh Equity holding over 58million shares @ 5.6% and Sinclair Longterm Holdings with 144million shares @ 13.8%........who are the others? Just trying to establish the % of shares on offer that are "locked away"...... so to speak.
Hi mate, try this article:
http://i.stuff.co.nz/business/indust...ill-March-2015
The holdings for NZPR Group, Asia Pacific Partners Ltd, Edinburgh and David Wu are all mentioned (I haven't checked with SSH notices to confirm accuracy).
I'm on my phone so not well placed to document it all nicely for you, but hopefully it will give you the info you're after.
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20-11-2013, 10:11 AM
#3495
Originally Posted by Nigel
Hi mate, try this article:
http://i.stuff.co.nz/business/indust...ill-March-2015
The holdings for NZPR Group, Asia Pacific Partners Ltd, Edinburgh and David Wu are all mentioned (I haven't checked with SSH notices to confirm accuracy).
I'm on my phone so not well placed to document it all nicely for you, but hopefully it will give you the info you're after.
.....cheers m8, will do some further reading.
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20-11-2013, 10:18 AM
#3496
Yeah, it's a little confusing.
According to that Stuff report http://www.stuff.co.nz/business/indu...ill-March-2015
Edinburgh 20.5%
David Wu 5.9%
NZPR 13.6%
Asia Pacific Partners Ltd 5.7%
20.5 + 5.9 + 13.6 + 5.7 = 45.7, as stated in that report.
Compare that to recent SSHs:
Edinburgh 19.47%% https://nzx.com/companies/BLT/announcements/243892 https://nzx.com/companies/BLT/announcements/243891 https://nzx.com/companies/BLT/announcements/243893
Xu Qi WU & Yao Hong SHEN 6.159% - so is this the same as "David Wu" 5.9%, or a completely different holding? I've no idea. https://nzx.com/companies/BLT/announcements/241390
NZPR 11.3% https://nzx.com/companies/BLT/announcements/240989
Hui Ai Adriana Tong, 6.5%, such a person named as a shareholder in Asia Pacific Partners on the companies website, https://nzx.com/companies/BLT/announcements/240891
ACC 3.8% https://nzx.com/companies/BLT/announcements/242440
19.5%+6.159+11.3+6.5 = 43.4 + 3.8 = 47.2
Add in the 600k new funding, which is 60m shares of 1042m = 6% dilution, then 43.4% becomes 40.8%. Add in the new 6% and thats 46.8%. Close, no cigars.
So, WHO KNOWS!!
Anyway, the bottom line is that about half of the company seems to be in shareholdings unlikely to release to the market. Additionally, and at a rough calculation, excluding all those people from the top 20 in the last annual report, there appears to be another 15% probably locked up in the top 20 there, plus whatever those people all bought this time around, which may be another 5% to 10%, and there appears to be maybe 35% of the company open for trading, and even those may be locked in people's minds.
All a VERY ROUGH calculation, do your own research!! I am totally unresponsible for having made a mess of those figures! Apologies if I'm wrong - please post corrections!
Does anyone feel these numbers are either correct or incorrect in principal?
Last edited by simla; 20-11-2013 at 12:54 PM.
Reason: Double counting of SSH
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20-11-2013, 10:26 AM
#3497
.....thanks Simla for all that......I had settled on that 45.7% figure but as you rightly imply, there's at least half the shares on offer, locked away as longterm holdings (we presume?)........my own also fall into that category. Happy to sit back and watch this story unfold now, buying into any lows. Going to be an exciting next few years I think....not to mention the next few months.
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20-11-2013, 11:20 AM
#3498
All asks at 2.1 taken out, wonder if we'll hit 2.3 today
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20-11-2013, 11:21 AM
#3499
Member
.....i couldn't help myself....i took out the 100,000 at 2.1...next at 2.3
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20-11-2013, 11:45 AM
#3500
Member
Originally Posted by Danzx
.....i couldn't help myself....i took out the 100,000 at 2.1...next at 2.3
Opps that will teach me
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