Redned71, dont want any misinformation out here. ASIC regulatory guide 5 see below.....
RG 5.2These requirements apply when the votes attached to securities, in which a person and any of their associates have a relevant interest (as a proportion of all voting shares or interests), increase above one of the following two thresholdsa)the 5% substantial holding threshold—after which a person must provide substantial holding notices relating to movements above or below the threshold, and any change of 1% or more ( Pt 6C.1); and
CAP Price at posting:
12.5¢ Sentiment: None Disclosure: Held