The last substantial notice from SVM showed them down at 12.15% on 10/8/23. This showed they has 273 million shares left after the original 333 million they had after original CR/offer.
Then the cleansing prospectus just released has some interesting info. They had 253 million shares before the offer. So yes, SVM have been selling but not enough that it triggered a change substantial notice, the trigger is around 30 million for 1%.
They took around 12.7% which allowed them to go back up to 273 million shares and now have 11.25% of CLA.
SVM playing CLA very well, let’s hope they aren’t the only one looking at CLA. They clearly are still keen, just need another real buyer at the auction.
Ann: Result of UK Placing, page-67
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $28.28M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $540 | 45.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 6154143 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1852595 | 2 |
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| Last trade - 15.58pm 11/10/2024 (20 minute delay) ? |
| CLA (ASX) Chart |