I put this in this category because i am assuming it may have something to do with it, although this could be nothing.
Has anybody heard of 452 Capital Pty Ltd??
Basically what i have found it:
"452 Capital is an independent fund management company focused on the management of assets invested in the Australian Share market. The company was
founded in 2002 by Peter Morgan and Warwick Negus and is based in Sydney, Australia."
source
Russel Investments give them a bit of a spin here:
Source
The reason i am looking into this company is because i have a relative who works for Pacific Brands, they are a massive company and own a lot of the
big brand in clothing.
www.pacificbrands.com.au...
He told me today that tomorrow there is going to be a big urgent meeting with managers from Sydney and Melbourne.
So they way things are going at the moment i thought i would check out ASX and see how the share are going and see if there was any share holder
news.. and there is.
There is a letter from the General Council & Company Secretary with a "Price Query" dated the 20/02/09 and responded to on the 23/02/09
Source
Then i came across the notice of change of substantial Holder
Source which i
don't really understand and i am hoping someone can explain to me.
I also done a bit of digging on 452 Capital Pty Ltd and found that they also have "notice of change of substantial Holder" with the name of the
substantial holder as "Commonwealth Bank of Australia" for
Metcash Ltd
Westfield Group Staple Securities
Suncorp - Metway Ltd
and all has happened in the last few weeks.
What do you guys thing?? is it anything??
[edit on 24/2/2009 by wycky]
[edit on 24/2/2009 by wycky]