TLX 0.28% $21.22 telix pharmaceuticals limited

Ann: Becoming a substantial holder, page-3

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  1. 1,797 Posts.
    lightbulb Created with Sketch. 790
    yeh
    above my paygrade too

    they couldn't have bought 16% on market. so its not that.

    BUT
    i think this is the maximum amount of stock available to USA in the IPO

    its the full 15% under rule 7.1 which was just refreshed at the EGM

    however, ... it doesn't automatically mean TLX is issuing all the 52m shares in the IPO ... so i think.

    im guessing the brokers get bids and prices from clients and TLX decide what numbers and price to satisfy UPTO A MAXIMUM OF 52M shares

    anyways thats my reading
    im sure it will be explained further tomorrow


 
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