thanks for number correction pawley....
another reminder to readers not to believe anything I say, that prolific posting dies NOT equate to either accuracy, intelligence or knowledge and to ask for and cross check sources!
https://www.superannuation.asn.au/resources/superannuation-statistics
that one says (i think!) that tere is $2.6 trillion invested in super funds in Australia.
its good to see some of that officially coming our way on a long term, ‘our experts expect more than 50% appreciation’ basis.
Anyone know if retail or industry superfunds have been on board before?
cheers
ps running tally on substantial holders is
wellington : 5.2%. https://www.asx.com.au/asxpdf/20180213/pdf/43rjdjx04fv1b2.pdf
cba : 5.8% https://www.asx.com.au/asxpdf/20180404/pdf/43sydz3rp3pwry.pdf
Industry Super Holdings - 5.16% https://www.asx.com.au/asxpdf/20180412/pdf/43t54yzwjz8t1g.pdf
and another PS ..this is the entity that SOLD more than 2 million shares on March 16!
they haven’t bought even nearly that many since .
which means that before then they were already well into the substantial holder size without announcing !
is that legal?
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