BSX 0.00% 5.9¢ blackstone minerals limited

Looks like the BSX ESG expert forgot the G component of her job...

  1. 624 Posts.
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    Looks like the BSX ESG expert forgot the G component of her job title yet again.

    My previous spreadsheet on the CR below. Nanjia highlighted in red/pink/salmon (choose your orientation).

    https://hotcopper.com.au/data/attachments/6043/6043057-dfef4d7ebd35d327468ff2163e7aa8b1.jpg

    Nanjia held ~36M shares prior to the CR.
    Nanjia were entitled to ~11M shares in the CR.
    Top 4 instos, including Nanjia, were entitled to ~53M shares.

    Nanjia took up their full entitlement, plus an additional ~10M insto shortfall shares. (Dark orange)

    My issues/questions:

    a. Nanjia increased their share holding in the company beyond a 1% change on 08 Dec 23.
    As per Form 604 guidelines

    (c) The person must give a copy of this notice:
    (i) within 2 business days after they become aware of the information; or

    Why is this form being lodged late?

    b. Nanjia took up 21.5M of the insto 53M shares in the CR.

    Whilst mathmatically possible that the other Top 4 instos underparticipated in the insto CR but stayed within the 1% sub holder change rule.

    Are their any other instos that are conveniently late lodging Form 604s?

    Why does BSX continue to pay for an incompetent ESG expert?

    If you can't do the simple competently, how do you expect me to believe you can do the complicated competently?
 
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