Good for you.... you shouldnt be investing in shares if you cant read and understand what the notice is telling you. Gleneagle sold shares to pay for the conversion of their bonds to shares @ cost base of 2c. Its like ppl who hold Shares and options in the same company... Share goes up they sell their shares to pay for the options they hold alot more of converting at a lesser price.
JIMHO of course.... if they sold the rest where is the ceasing to be Substantial holder?
Column 1
Column 2
Column 3
Column 4
Column 5
0
03/06/2014
- 8,000,000.00
$ 201,751.00
- 0.025
1
04/06/2014
- 34,500,000.00
$1,105,552.00
- 0.032
2
05/06/2014
- 9,000,000.00
$ 243,532.00
- 0.027
3
06/06/2014
- 6,000,000.00
$ 182,258.00
- 0.030
4
10/06/2014
- 7,500,000.00
$ 261,688.00
- 0.035
5
Total Sold
- 65,000,000.00
$1,994,781.00
-$ 0.031
Average SALE price per share
6
10/09/2013
12,500,000.00
$ -
-
7
10/06/2014
39,000,000.00
$ 780,000.00
0.020
8
13/06/2014
57,746,301.00
$1,154,926.00
0.020
9
Total Acquired
109,246,301.00
1,934,926.00
$ 0.02
Average BUY price per share
10
NET
44,246,301.00
STILL HELD AS AT 17/06/14
QBL Price at posting:
5.9¢ Sentiment: Hold Disclosure: Held