Considering the latest top 20, most likely the previous owner here. My thoughts would be the UBS holding
A 4 million holding is only just over 2% even if UBS picked up some more to make up 4 mill and transfered it to the other UBS account then still the +7mill would be under the 5% so still no substantial holding notice required. correct.
J P MORGAN NOMINEES AUSTRALIA LIMITED 20,508,698 11.428 CLIFFS ASIA PACIFIC IRON ORE PTY LTD 19,462,200 10.845 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 13,578,396 7.566 CITICORP NOMINEES PTY LIMITED 10,545,445 5.876 JP MORGAN NOMINEES AUSTRALIA LIMITED 5,603,937 3.123 M F CUSTODIANS LTD 5,057,300 2.818 BOND STREET CUSTODIANS LIMITED 4,757,450 2.651 NATIONAL NOMINEES LIMITED 4,171,440 2.324 UBS NOMINEES PTY LTD 3,626,394 2.021 UBS WEALTH MANAGEMENT AUSTRALIA NOMINEES PTY LTD 3,454,398 1.925
PLV Price at posting:
97.7¢ Sentiment: Buy Disclosure: Held