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From: http://www.tresscox.com.au/resources/resource.asp?id=103 When does the obligation to notify the ASX arise? Listing Rule 3.19A provides that a listed entity must tell the ASX of any notifiable interest of a director no more than 5 business days after the date: the entity is admitted to the official list; the director is appointed; there is a change to a director’s notifiable interest; or the director ceases to be a director of the listed entity. In general a director holds a notifiable interest in securities if the director: is the holder of the securities; has the power to exercise, or control, the exercise of, a right to vote attached to the securities; has power to dispose of, or control the exercise of a power to dispose of, the securities; or has an interest in a contract which confers a right on the director to call for or deliver the securities. Cobraki, Presumably Tony has the power to dispose of the shares in his super fund and therefore has an obligation to notify the ASX of any change in his super fund holdings. No?