BBN 1.69% $1.75 baby bunting group limited

Ann: Becoming a substantial holder, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 151 Posts.
    lightbulb Created with Sketch. 42
    I'm not sure if this is a good notice.

    realindex funds is closely related to or owned by colonial. From looking at the notice it seems like realindex has current ownership and the right to dispose of 4.9m shares from Colonial, 1.2m shares from citibank Hong Kong, 400k shares from jp morgan and 500k from national custodian.

    The notice doesn't explicit say anywhere that the shares are borrowed but i doubt that this investment fund would be given an investment mandate from each of the different parties listed in section 4 of the notice in order to acquire more shares.

    There was some ugly price action today and it might just be the start. Once $2 is broken it will be ugly.
 
watchlist Created with Sketch. Add BBN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.