Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Quiddity ASX Dec 23 Index Rebal: Beware of Pre-Positioning

Quiddity Leaderboard ASX Mar 24: Allkem, Newmont, Costa, and Many More

Newmont's Upcoming (March 2024) ASX Selldown

Origin: Brookfield Bumps. AustralianSuper Say Meh.

Origin/Brookfield: Bump Expected Ahead Of 23 Nov Scheme Meeting

Origin/Brookfield: ACCC Rubber Stamped. Now Shareholders Will Have Their Say

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/origin-energy-ltd" target="_blank" data-smartkarma-citation="entities:797:1" rel="noopener"><strong>Origin Energy (ORG AU)</strong></a>'s Scheme vote today was always going to be a tenuous affair with AusSuper's ~17.5% blocking stake, and Perpetual also firmly in the "against" camp. </li>
<li>The Scheme meeting has now been adjourned. Origin said that based on the proxy votes, it was unlikely the Scheme would have achieved the required 75% approval by shareholders.</li>
<li>In addition, the Brookfield-led consortium has<a href="https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02744202-2A1489691?access_token=83ff96335c2d45a094df02a206a39ff4" target="_blank" rel="noopener"> pitched a alternative non-binding and indicative proposal</a> which Origin views as inferior to the existing Scheme, and has significant reservations as to its complexity.</li>
</ul>



Origin Energy (ORG AU)'s Scheme vote today was always going to be a tenuous affair with AusSuper's ~17.5% blocking stake, and Perpetual also firmly in the "against" camp. 
The Scheme meeting has now been adjourned. Origin said that based on the proxy votes, it was unlikely the Scheme would have achieved the required 75% approval by shareholders.
In addition, the Brookfield-led consortium has pitched a alternative non-binding and indicative proposal which Origin views as inferior to the existing Scheme, and has significant reservations as to its complexity.


Origin: Brookfield's "Inferior" Alternative Proposal