BC8 6.25% 59.5¢ black cat syndicate limited

Ann: BC8 makes Strategic Transaction with SLR & Boosts Resources, page-29

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  1. 1,827 Posts.
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    With their new found 8 and something million shares. What percentage of BC8 do they now hold?
    was this SLRs way of getting a significant holding with out driving the share price up? Such a tightly held register would be hard to acquire a large holding for a future take over with out moving the price.
    the number of shares 8,417,962 to be exact seems odd to me. Its a value or just below a threshold. 5% 10% 20%Different requirements are triggered at each point.
    ....what are they up to.....*thinking thinking*
 
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