I wonder what Vitol makes of this, the timing of the apointment which coincides with a pp or should i say suicide debenture,  seems odd, this is certainly nothing they would have approved of. I m in too deep to get aggravated but prepared to take a haircut if we bounce out of this as probably most of you are...

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I have not digged into Sedi, but are we sure Vitol is still in this nightmare? I'm finding a conflict......on the first one they are there, on the second they are not.
 
Take a peak....
 

Top Institutional Holders

Concentration of Current % Held
Top 10 Institutions: Ownership by top 10 institutions Top 20 Institutions: Ownership by top 20 institutions Top 50 Institutions: Ownership by top 50 institutions All: Ownership by all institutions
Low
Avg. Turnover Rating
Vitol Holding BV
27.7M
$26,230,478 +30% 12.4%
Low
Ingalls & Snyder ...
25.2M
$44,638,197 +27% 11.3%
Low
Sprott Asset ...
24.3M
$43,066,365 +26% 10.9%
Low
BlackRock ...
8.5M
$11,623,804 +9% 3.8%
Low
Columbia Wanger ...
2.7M
$3,703,087 +3% 1.2%
Low
TD Asset ...
910.0K
$943,757 +1% 0.4%
Low
Lombard Odier ...
785.8K
$1,091,587 +1% 0.4%
Moderate
Gibson (Stewart G)
720.0K
$1,276,596 +1% 0.3%
Low
AGF Investments Inc.
669.3K
$671,561 +1% 0.3%
Moderate
Humboldt Capital ...
419.0K
$686,481 0% 0.2%
Low

Top Mutual Fund Holders

Percentage of Outstanding Shares per Holdings Style
GARP 5.0%
Growth 3.1%
 
Low
Avg. Turnover Rating
Sprott Canadian ...
10.7M
$10,711,565 +11% 4.8%
GARP
BGF World Energy ...
8.4M
$8,732,590 +9% 3.8%
Sector Specific
American Funds ...
4.6M
$6,267,412 +5% 2.1%
Growth
Columbia Acorn ...
2.3M
$3,095,557 +2% 1.0%
Growth
TD Energy Fund
546.0K
$894,555 +1% 0.2%
Sector Specific
AGF Canadian ...
479.2K
$768,444 +1% 0.2%
Sector Specific
TD Resource Fund
364.0K
$596,370 0% 0.2%
Sector Specific
CI Alpine Growth ...
271.6K
$435,560 0% 0.1%
GARP
Wanger ...
265.9K
$362,284 0% 0.1%
GARP
GWL Canadian ...
190.0K
$311,351 0% 0.1%
Core Value

=================

No Vitol in this one....


Institutional shareholders
Holder Shares % Held
Ingalls & Snyder LLC
as of 12 Apr 2012
0 11.30%
Sprott Asset Management LP
as of 12 Apr 2012
26.77m 10.90%
BlackRock Investment Management (UK) Ltd.
as of 31 May 2012
9.17m 4.11%
Capital Research & Management Co. (Global Investors)
as of 30 Jun 2012
7.53m 3.38%
Manulife Asset Management Ltd.
as of 31 Mar 2012
3.70m 1.64%
Columbia Wanger Asset Management LLC
as of 30 Sep 2012
2.76m 1.24%
Generali Portfolio Management (CI) Ltd.
as of 31 May 2012
2.50m 1.12%
Schroder Investment Management Ltd.
as of 31 Dec 2011
463.34k 1.09%
TDAM USA, Inc.
as of 30 Jun 2012
910.00k 0.41%
OFI Asset Management SA
as of 29 Jun 2012
726.70k 0.33%
35.51%
Per cent of shares
held by top holders

Data from 31 May 2012 - 30 Sep 2012Source: FactSet Research Systems I

 

 

Institutional shareholders
Holder
Shares bought
 
Shares held
AGF Investments, Inc. +2.70k
 
495.42k
BlackRock Asset Management Canada Ltd. +6.46k
 
25.55k
Ingalls & Snyder LLC +25.18m
 
25.18m
LGT Capital Management AG +636.70k
 
636.70k
Schroder Investment Management Ltd. +1.97m
 
2.43m
Data from 30 Jun 2012 - 30 Sep 2012
Holder
Shares sold
 
Shares held
RBC Global Asset Management, Inc. -5.93m
 
0
Manulife Asset Management Ltd. -49.55k
 
3.65m
Colonial First State Global Asset Management Pty Ltd. -407.05k
 
0
Sprott Asset Management LP -2.48m
 
24.29m
Royal Bank of Canada (Suisse) SA -175.40k
 
0

Data from 30 Jun 2012 - 30 Sep 2012