IBX

3.13%

3.3¢ imagion biosystems limited

Ann: Ceasing to be a substantial holder, page-21

First 21 Last

Share
Profile

Follow
lighter88

34 Posts.

6

15/02/20

10:11

Post #: 42948973
Share

Originally posted by rusty388: ↑

Kemper Shaw - He's a major shareholder from the start of 2019. He and another party, William Taylor Nominees, each bought 11.4% of the company (approx 36m shares) at 0.04c in the Nov 18 cap raise. They then (after a broker pump) both reduced their holdings in July 2019 (took profit I'd say in the new fin year) but remained major shareholders. Kemper only reduced his holdings slightly to 9.8%, but William Taylor sold theirs down to 6.7%.

I'd say this selling is just simply that he wanted his money back and wanted to get it as close to 0.04c as possible (hence the pump by his broker) and then he's sold enough to put him under the 5% disclosure level. He appears to still hold just over 4% (14.7m shares).

I'm not concerned about this because it fits with the strategies these guys sometimes use. He's used the money for 12 months in IBX and now he's moved on. Good luck to him. He wouldn't have made all that much.

William Taylor Nom's is still holding approx. 21.7m shares (6.7% ownership). We may see a notice from them also or not. But unless they want out completely I don't think the volume will be as large. Hopefully, they only want to get under the 5% level and then it's small volume, if they too are selling.

Hopefully, now the share price may get some traction over the coming months and we'll see more institutional money on the register.

What is somewhat of concern, but also sort of normal, is that the top four major shareholders have all reduced their holdings since Aug 2019. Sure, some of that would be dilution but I don't think it's all that. With the recent raise at 0.02c I'm a bit concerned we are going to head back to the low to mid 2's. Time will tell. This is definitely a longer term hold, as most should be aware by now anyway.

Fun times. DYoR. None of this advice, I take zero responsibility for any of this, and have no idea what I'm doing. Have a lovely weekend.

Expand

Yes I do agree its very concerning that if the best is still to come for the company why do you have the top 4 holders selling down. Classic pump and dump

With close below 3 cents and alot more stock to be dumped onto the market the next level of support is 2.5 cents

glta

Last edited by lighter88: 15/02/20
1 Upvote

0 Great analysis

Reply

Top Stories

Tonight's US CPI data could set the tone for November. What are markets expecting?

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

ARB

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

OCT

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ARV

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

IMA

Issues emerging as Australian companies tackle critical minerals challenge

There are more pages in this discussion • 47 more messages in this thread...

First 21 Last

Add IBX (ASX) to my watchlist

(20min delay)
Last 3.3¢		Change 0.001(3.13%)		Mkt cap ! $1.176M

Open	High	Low	Value	Volume
3.2¢	3.3¢	3.0¢	$4.016K	127.1K

Buyers (Bids)

No.	Vol.	Price($)
2	53108	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	22147	2

View Market Depth

No.	Vol.	Price($)
2	53108	0.031
2	37536	0.030
2	400750	0.029
2	108000	0.028
2	200000	0.027

Price($)	Vol.	No.
0.033	22147	2
0.034	66460	1
0.035	5154	2
0.047	14800	1
0.048	13016	2

Last trade - 15.59pm 11/10/2024 (20 minute delay)

IBX (ASX) Chart

Ann: Ceasing to be a substantial holder, page-21

Tonight's US CPI data could set the tone for November. What are markets expecting?

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Issues emerging as Australian companies tackle critical minerals challenge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Ceasing to be a substantial holder, page-21

Top Stories

Tonight's US CPI data could set the tone for November. What are markets expecting?

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Issues emerging as Australian companies tackle critical minerals challenge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News