http://www.gcbulletin.com.au/article/2006/10/18/1294_business.html
Investors charge into Billabong stock
18Oct06
TWO foreign financial groups have upped their stake in Gold Coast surf giant Billabong.
US-based FMR Corporation and Bermuda-based FIL, acting for more than 80 investment companies worldwide, have snapped up more than two million shares in the Burleigh Heads company in on-market trades since mid-September.
The shares were bought at prices between about US$10.80 ($14.33) and US$11.20 ($14.86).
Billabong shares closed yesterday at $15.45, down 22c.
Both FMR and FIL, which are advisers to the investment companies, are controlled by Edward C. Johnson and the trades take the investors' stake in Billabong to 6.04 per cent, an increase of 1 per cent.