Gina Rinehart has never filed a “Ceasing to be a sub holder” notice (HPPL is above the 5% threshold) so she has certainly not pulled out - and I strongly doubt she has any near term intention to.
Instead, it’s clear she will have actually increased her holding by some proportionate number by participating in the last placement (at $5.10 per share in May) to maintain the size of her % stake. The announcement from VUL at the time of completion said it was “strongly supported” by existing shareholders as well as new investors.
Gina Rinehart has never filed a “Ceasing to be a sub holder”...
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Last
$4.44 |
Change
-0.030(0.67%) |
Mkt cap ! $835.5M | |||
| Open | High | Low | Value | Volume |
| $4.50 | $4.65 | $4.41 | $1.422M | 314.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 173 | $4.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.47 | 956 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| VUL (ASX) Chart |