Yep. 5% voting power. That's my point about Cancun who by the look of the Appendix A that was submitted sold enough shares to drop below the threshold last year, therefore they should have lodged a "Ceasing to be a Substantial Holder" notice, and then accumulated enough to then be back above the threshold so should have lodged another notice. For every 1% of voting power you change, you're supposed to lodge a notice so not every time you purchase or sell but if your overall power changes by 1% then you need to lodge a change. This is an ASIC requirement, not ASX.
- Forums
- ASX - By Stock
- Ann: Indonesian Project Update
Yep. 5% voting power. That's my point about Cancun who by the...
-
-
- There are more pages in this discussion • 211 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TV2 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online