Any single holding 5% or more is classified as a SUBSTANTIAL HOLDING but the issue you would have is arguing that a collective holding should be classified as the same so it would need to be a class action.
Additionally you would have the risk of CN's being redeemed and the holding percentage impacted making the whole process prone to risk of being irrelevant IMO
CLZ never fails to entertain!
CLZ Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held
(20min delay)