Australia’s Ellerston Capital has emerged with a 5% stake in transport software firm Eroad in a shuffling of the decks for its biggest shareholders.
Ellerston – which had its genesis in the Packer family’s empire – crossed the threshold earlier this month, buying 290,000 shares for about A$254,000, or roughly 88 Australian cents apiece. The dual-listed shares closed on Christmas eve at A$...
