Ann: Ceasing to be a Substantial Holder from AEF, page-11

Vango and others. My understanding is you are meant to notify within 2 business days after becoming aware. As AEF now under 5% they do not need to lodge anything further, unless of course they go back over 5%, so it will be anyone's guess as to what they do from here on in. Maybe regulators need to consider that if you ever were a substantial holder, even if you go below 5% you are still required to advise when you go below 4%, 3% etc, but Corps Act does not mandate that at present. Wishful thinking I suspect so we will never know what they do from here. The market will sort it all out eventually and I am very much holding my stock and looking forward to the next 2 years