You can go over with Creep. I can't tell you the exact numbers involved sorry spec but Creep is allowed.
The general Idea is you can hold over 20% if you only add say 1% a quarter.....
Edit: others have answered but here is the definition i found.Exceptions to the 20% rule
The basic concepts described above effectively force someone who wants to acquire control of a company or managed investment scheme to only do so through one of a limited number of exceptions.
Those exceptions are designed to ensure that the three main principles are followed.
The three most common exceptions to the 20% rule that are relied on by persons who want to acquire control of a company or managed investment scheme are
- an on-market takeover bid;
- an off-market takeover bid; and
- a scheme of arrangement.
In common language, all three of these types of control transactions are described as a 'takeover'.
There are other exceptions to the 20% rule, including target securityholder approval, 'creeping' acquisitions of no more than 3% voting power in a six month period, and acquisitions as a result of rights issues or underwriting arrangements. However, those methods are less effective in reaching 100% ownership.
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- Ann: December 2022 Quarter Production Update
GOR
gold road resources limited
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$3.27

Ann: December 2022 Quarter Production Update, page-17
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Last
$3.27 |
Change
-0.010(0.30%) |
Mkt cap ! $3.552B |
Open | High | Low | Value | Volume |
$3.27 | $3.32 | $3.25 | $12.27M | 3.749M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 62067 | $3.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.28 | 51987 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 62067 | 3.250 |
4 | 53670 | 3.240 |
2 | 107056 | 3.230 |
2 | 766 | 3.220 |
1 | 1000 | 3.210 |
Price($) | Vol. | No. |
---|---|---|
3.280 | 51987 | 3 |
3.290 | 44962 | 1 |
3.320 | 8500 | 1 |
3.330 | 300 | 1 |
3.340 | 36501 | 3 |
Last trade - 16.14pm 27/06/2025 (20 minute delay) ? |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
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