ELE 0.00% 0.5¢ elmore ltd

Yes they are a significant holder but they are only required to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 259 Posts.
    lightbulb Created with Sketch. 46
    Yes they are a significant holder but they are only required to disclose a change in their holding of +/- 1% of the company.

    So with 2.6bio shares on issue (according to my BBG terminal) that would mean they can buy/sell 26mio shares without having to disclose any change..

    Given today's volume is less than 10% of this it very well could be them adding without us even knowing..

    Imagine if they did add at market that would be a huge sign of confidence..

    All speculation of course but hey theres not much going on today!
 
watchlist Created with Sketch. Add ELE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.