MLS metals australia ltd

the way forward, page-82

  1. 10,535 Posts.
    lightbulb Created with Sketch. 616
    lol where do you guys come up this stuff

    'beneficial' means 'beneficial'

    regardless of holding structure if I am an end beneficiary I am a beneficial owner

    so I must disclose it if it's greater than 5%

    now asx can be a little slow in finding and enforcing but that doesn't mean a larger holder can hide behind different entities or accounts

    and even if they did, company management is obligated to report the holding

    if you're in any doubt you can read about exact same issue NWR had recently... with major shareholder/s failing to disclose collective 'upstream' holdings

    see here nwr release

    still refuse to use common sense ? perhaps you should read rule 3.1 'compliance and policy rules' again

    ---

    wipeoff, perhaps I can answer for dott...

    a) mls are worth watching and owning. dott has posted along these lines

    b) the collective dribble some of you guys out with to in a bid to sound impressively bullish is amazing. it makes me want to point out the bs. perhaps dott feels the same

    ---

    no need to disclose beneficial interest greater than 5% because you have a trust ?

    a secret shareholder pulling the strings with a 30% shareholding ?

    pfft






 
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