Yes that’s correct travelbug. Neuren only has one shareholder with greater than 5% holding and that’s Milford. As you said, as soon as a holder (together with their associates) acquire more than 5% they have to lodge a Form 603 Substantial Shareholder Notice. Any increase by more than 1% needs to be notified with a Form 604. Once the shareholder reaches 19.99% they must either launch a takeover or can only buy 3% every 6 months through the creep rule.
So, we can be pretty sure that no one is building a stake on the sly unless it’s less than a 5% interest.
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Yes that’s correct travelbug. Neuren only has one shareholder...
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$19.85 |
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Open | High | Low | Value | Volume |
$19.89 | $19.92 | $19.77 | $392.7K | 19.76K |
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1 | 10 | 19.800 |
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19.880 | 25 | 1 |
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