BLV 0.00% 1.6¢ blossomvale holdings ltd

Ann: Ceasing to be a substantial holder , page-9

  1. 3,062 Posts.
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    Autosime, it might only be an internal transfer. Id imagine the investment side does not want to participate in the rights issue due to the speculative nature of the extra monies invested. Maybe they have transferred the shares to Euroz parent company to either sell to a PE firm or maybe are going to participate in the capital raising themselves. Dont really know but very strange. Should there now be another notice "Becoming a substantial holder notice".
 
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Currently unlisted public company.

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