ELE 0.00% 0.5¢ elmore ltd

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

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