He was supposed to buy 75m shares for 4c each. And that should have kept him easily above 5%. Not 100% sure but he had at least 90m shares held under Kilinwata Investment plus 75m should be at least 165m. Even at 2b SoI that would be more than 5%. Looks like he did not participate as indicated.
If so, then we will definitely get a new chairman as Lantheus & Co got much bigger sub holdings. Has he given up control and would that mean he is retiring from RAD?
GLTA
Ann: Ceasing to be a substantial holder, page-2
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Last
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $54.32M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.5¢ | 2.3¢ | $94.76K | 4.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1365219 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 302413 | 2 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| RAD (ASX) Chart |