9SP 0.00% 0.4¢ 9 spokes international limited

Forgive my ignorance but do we really call a 30M parcel of...

  1. 84 Posts.
    lightbulb Created with Sketch. 7
    Forgive my ignorance but do we really call a 30M parcel of shares @ 0.02 a substantial shareholder? That is an amount of $600K or less than a 2% of the market capital... Is there a rule on when someone becomes a substantial shareholder?
 
watchlist Created with Sketch. Add 9SP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.