"Under s671B of the substantial holding provisions, a person who becomes a five per cent holder, or changes their substantial holding by at least one per cent in a listed company or listed managed investment scheme, is required to lodge a notice disclosing details of the holding with ASIC, usually within two business days."
Well I don't know, I would have thought that the buyer of the 4,000,000 shares would have had to disclose this by now. Maybe it was Regent and the 4,000,000 shares were part of the 10,228,488 ordinary shares announced on the 30th of July. Time well tell I guess, I'll have to be patient.
BCI Price at posting:
$1.06 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)