A substantial holder must provide notice if they cease to have a substantial holding (5%) or if there is a movement of at least 1% in their holding.
Hamish currently has a 12.19% holding in MFG so movements will need to be declared.
He also has a holding in MGF(closed fund) of 4.11% which is below the substantial holding threshold.
Who knows what his intentions are, but now he has resigned he can dispose of his holdings any time he chooses.
Ann: Resignation of Director from MFG Board - Hamish Douglass, page-29
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Last
$9.98 |
Change
-0.260(2.54%) |
Mkt cap ! $1.775B | |||
| Open | High | Low | Value | Volume |
| $10.08 | $10.15 | $9.87 | $3.097M | 309.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 3035 | $9.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.99 | 2340 | 28 |
View Market Depth
| Last trade - 15.27pm 08/10/2024 (20 minute delay) ? |
| MFG (ASX) Chart |