Thanks for that Zubana! That is certainly how the Form 106's are being used by PEN.
I got my cue from ASIC's REGULATORY GUIDE 5 -
Relevant interests and substantial holding notices. This states, on page 66:
"A person must provide a substantial holding notice if, in relation to an entity that is a listed company, listed registered managed investment scheme or a listed body incorporated or formed in Australia, the person:
(a) begins to have, or ceases to have, a substantial holding;
(b) has a substantial holding and there is a movement of at least 1% in their holding;"
Seems to be an anomaly there?
nice move, page-48
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