RAD 3.45% 2.8¢ radiopharm theranostics limited

No change in holding, just got diluted from 20.5% to sub 10%. He...

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  1. 12,813 Posts.
    lightbulb Created with Sketch. 3905
    No change in holding, just got diluted from 20.5% to sub 10%. He hasn't got his 75m shares yet, maybe needs to be approved by EGM / AGM with all the other shares.

    He could end up with 170m shares which then could account for a holding between 6-8% depending on the final number of issued shares, 2b-2.5b.

    I am surprised he gave up that much control. Maybe the first step by him to step aside due to the future majority Lantheus t/o. Should he step aside from the board then it won't be long and Lantheus would offer us a final increase. In that case we probably would have to accept 6-7c. Terrible for the 60c payers, Hopper could get away with some profits due to his large holding, but retail would be screwed, as usual.

    GLTA
 
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