News

Geodynamics sees shareholder changes

Geodynamics sees shareholder changes Drilling rig of Geodynamics at Jolokia, Australia (source: Geodynamics)
Alexander Richter 27 Mar 2010

Australian Geodynamics has seen some active trading of blocks of its shares this week, with Sentient Executive increasing its share to 7%.

In separate news from Australia, it is reported that there has been some movement in the shareholdings in the company.

The company has a market capitalization of AU$ 190 million with 290 million shares.

On March 26, Robert Antony Healy sold his 9.5 million Geodynamics Ltd shares on-market on March 23, 2010 (5.46%), a day before Sentient Executive GP II Ltd bought 7.8 million shares increasing its stakes from 12.5 million (5.28%) to 20.3 million shares (6.98%).

Source: Business Spectator