Australian boutique fund manager DMX Asset Management emerged as the big buyer of General Capital shares building an 8.5% stake in the minnow lender.
The trades went through in the traditionally quiet summer holiday period with DMX paying an average price of 19.2 cents, or $1.3 million, for 6.8 million shares, adding to the almost 847,000 it already owned. Adjusting for last year’s share consol...