BC8 3.37% 46.0¢ black cat syndicate limited

Ann: BC8 makes Strategic Transaction with SLR & Boosts Resources, page-29

  1. 1,827 Posts.
    lightbulb Created with Sketch. 129
    With their new found 8 and something million shares. What percentage of BC8 do they now hold?
    was this SLRs way of getting a significant holding with out driving the share price up? Such a tightly held register would be hard to acquire a large holding for a future take over with out moving the price.
    the number of shares 8,417,962 to be exact seems odd to me. Its a value or just below a threshold. 5% 10% 20%Different requirements are triggered at each point.
    ....what are they up to.....*thinking thinking*
 
watchlist Created with Sketch. Add BC8 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.