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12.5¢ american west metals limited

Ann: Bonanza Copper Hits and New Discovery at Storm, page-376

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InItEarly

3,200 Posts.

1038

07/09/23

21:31

Post #: 69777243
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Originally posted by Gottinhimmel: ↑

By Bards ( googles AI ) understanding "HSBC nominees Australia is required to submit a form 603 substantial holder notice to ASIC and AW1 if they have acquired 7% of the shares in AW1.
The notice must be submitted within 10 business days of reaching the 5% threshold.The definition of a substantial holder in Australia is a person who holds, or is deemed to hold, 5% or more of the voting shares in a company. A nominee account is considered to be a single holder for the purposes of the substantial holder rules.
This means that if ( and it is an if) HSBC nominees Australia is holding shares on behalf of multiple clients, they will still be considered to be a substantial holder if they hold 5% or more of the shares in AW1."

That being said I have followed it up with both Dave and Sarah Shipway because if for no other reason that is one enormous chunk of the AW1 pie that they have acquired over the past 4 weeks.

Cheers
Gottinhimmel
PS Cute as they are, don't be a lemming.

Expand

No response from them mate?

Surely they are well aware of the new substantial holder by now and could answer you immediately.

Last edited by InItEarly: 07/09/23

AW1 Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 12.5¢		Change -0.005(3.85%)		Mkt cap ! $64.77M

Open	High	Low	Value	Volume
13.0¢	13.0¢	12.5¢	$149.6K	1.160M

Buyers (Bids)

No.	Vol.	Price($)
8	651787	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	501439	4

View Market Depth

No.	Vol.	Price($)
7	496787	0.125
2	1099999	0.120
4	820000	0.115
7	670908	0.110
5	457500	0.105

Price($)	Vol.	No.
0.130	501439	4
0.135	514968	7
0.140	1165780	8
0.145	312432	8
0.150	544952	7

Last trade - 16.10pm 02/09/2024 (20 minute delay)

AW1 (ASX) Chart