NC1 0.00% 13.0¢ nico resources limited

Ann: Change in substantial holding, page-4

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  1. 306 Posts.
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    There was a special crossing of 8 million shares yesterday at 50c (see screen shot below)

    https://hotcopper.com.au/data/attachments/5175/5175721-2544baeb07d7670566486085e2e04d0c.jpg

    Looks like Peter Cook bought 1.8 million of those shares.

    According to the Top 20 from the annual report, there are only 4 entities that hold more than 8 million shares (see below).
    https://hotcopper.com.au/data/attachments/5175/5175733-2d05ab90eb56f770fc71e85b6ace7f8c.jpg

    So the question is, who from the top 4 disposed of 8 million shares yesterday? Given 8 million shares constitutes more than a 1% change in holdings, we should see a change in substantial holder notice this week.

    Wonder who picked up the remaining 6.2million shares (assuming the remainder wasn't just a transfer between accounts of the same entity).
 
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