Not sure how this works and if anyone can clarify it would be appreciated.
Obviously an identity holding less than 5 % ... i.e. 4.99% does not have to report,
However, if as an example ... an identity held more than 5% of shares on 20 May when they were at $ 7.01-11 and then sold that afternoon, and continued selling for the next one/two trading days reducing their holding under 5%; but then repurchasing the same amount of shares the next day when the price was $ 5.40 ... what are their reporting requirements and how closely are they monitored?
Alternatively. I assume they can sell shares in small tranches ( less than a million) and just buy them back within an even shorter time period (?)
Not sure how this works and if anyone can clarify it would be...
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Last
$4.65 |
Change
0.170(3.79%) |
Mkt cap ! $395.5M | |||
| Open | High | Low | Value | Volume |
| $4.50 | $4.68 | $4.47 | $1.532M | 331.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 206 | $4.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.65 | 262 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$4.61 |
Change
0.170 ( 2.41 %) |
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| Open | High | Low | Volume | ||
| $4.47 | $4.68 | $4.47 | 64875 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| MYX (ASX) Chart |