PPRuNe Forums - View Single Post - Future of Qantas in jeopardy: Joyce (Merged)
Old 5th June 2011 | 02:36
  #180 (permalink)  
Romulus
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Joined: Feb 2007
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From: Melbourne
Originally Posted by sunfish
Will Jamie Packer come in and take J.P. Morgans slice?
Very unlikely. Bear in mind that the vast majority of the top end shareholders listed in every company report are the companies acting as(the legally required) independent holders of shares for superannuation funds. JP Morgan in this instance does not have the right to determine whether or not to sell the shares, they act on instructions from the relevant fund.
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