Thanks stumpy...I just found this which matches that..
A person must provide a substantial holding notice if they:
(a) begin to have, or cease to have, a substantial holding in the listed entity;
(b) have a substantial holding in the listed entity and there is a movement of at least 1% in their holding; or
(c) make a takeover bid for securities of the listed entity: s671B(1)
So they can’t be selling too many on market if any at all.
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Thanks stumpy...I just found this which matches that.. A person...
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