His buying is covered under the creep provision of the corporations act. He can increase his stake by up to 3% each 3 months. He went over 20% around mid september 2008 so can buy up to about 23% by mid march this year.
He currently has 22.4% of the company's 129,115,756 shares on issue. So he can still keep buying. The rule is that in any 6 month period from now on, his stake cant be more than 3% higher than it was 6 months earlier. So in 6 months from now, his stake is allowed to be up to about 26%. Hope that makes sense.
fairly sure tsang has over 20pc now, page-17
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Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $104.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 100000 | 1 |
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