It means that generally, a company or a fund manager has acquired at least a 5% holding in the company. They can then increase their holding up to 19.9%. Those acquiring the title of "a substantial holder" can increase or decrease their holding where, if they fall below the 5%, they will have to submit another notice of "ceasing to be a substantial holder". This could and can on occasions occur several times in one month if the holder wants to trim their holding, take profits or following good or bad news.
DTL Price at posting:
$7.74 Sentiment: Hold Disclosure: Held
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