HVY 4.55% 11.5¢ heavy minerals limited

Ann: Becoming a substantial holder from WBC, page-11

  1. 550 Posts.
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    Thanks for your assessment. The problem I have with this type of ownership arrangement being behind closed doors so to speak is that it doesn't do justice to the purpose of a sub-holder notice. I'm sure there are ways and means for people to get down to the nitty gritty of who actually holds the stock but unfortunately many people don't have the tools for it. The visibility is simply not there in plain light.
    Personally I believe the asx needs to tighten up this arrangement so that there is no confusion in terms of who holds the stock. All in my opinion. Thanks again for your assessment here.
    In terms of the imminent announcement I'm guessing that perhaps we should be expecting something from left field in addition to the SS, and personally I cannot see anything bad happening. Right time, right place, right product! $$$
 
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