Can anyone on this forum answer the following from me as an amateur. Hoping for a simple explanation
If Repkon first investment in 2021 resulted in them appearing in top 20 as of mid 2022 as a 4% SH, then how come after receiving money for the 2nd Investment in Feb 2023 there was no Substantial Holder announcement considering this would have taken them to approx 10% share in the company?
As per Feb announcement which confirmed 2nd Repkon payment was received.
https://newswire.iguana2.com/af5f4d73c1a54a33/ttt.asx/3A613405/TTT_Titomic_Capital_Raise_Update
So what is status of the below 2 points which am hoping Mondays Report will address.
1/ Was Repkon part of retail offer considering they invested twice in 2021 and 2023, and considering Offer Booklet stated one investor from Turkey was permitted to participate.
2/ If point 1/ is correct, then did Repkon take up their full Retail Entitlement thereby giving them approximately 10% of shares on issue making them a substantial holder.
Ann: Becoming a substantial holder from MQG, page-3
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