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icn about to break out on open, page-126

  1. jake0002
    8,617 Posts.
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    03/04/12
    13:06
    Post #: 9934893
    they only become a Substantial s/h if they have a Relevant Interest in 5% of the total number of shares - so 5% of 469m shares is 23.45m shares.

    so if buyer bought those 3m shares (from a standing start) he would have a long way to go to get to that 5% level.

    cheers
    ICN Price at posting: 30.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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