MTL 0.00% 0.2¢ mantle minerals limited

Ann: Ceasing to be a substantial holder, page-2

  1. 88 Posts.
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    Hey guys. So from my understanding (which is limited as I'm a newbie) Mr Jody Dahrouge is selling/diluting 195million shares.

    I did a quick search on him and he is a director and a geologist.

    Isn't the geologist selling that many shares a bit odd? Or could you say that he may hold many MANY more and due to diluting this many placement and vendor shares drop his overall stake to less than 5%? Hence the announcement as per the law.

    Not trying to start a panic, just asking out loud and interested in what an experienced investor views it as.
 
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