Thanks for taking the time to respond and explain that.
Hotcopper is littered with post from people getting excited when Macquarie or Credit Suisse or State Street are listed as substantial holders. There are 3-4 reasons why this might be the case, but in most cases, it's not them taking an equity interest or ownership interest in a company. More often than not its custody or prime broking for an investment manager.
It's not always what it may seem. Worth doing the homework
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- Ann: Ceasing to be a substantial holder
Thanks for taking the time to respond and explain that.Hotcopper...
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