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SP3.Regarding notifications.Off the top of my head ( I think...

  1. 6,284 Posts.
    SP3.

    Regarding notifications.

    Off the top of my head ( I think it's annex e to 3b 3c etc )

    A disclosure to the market is required when an position has been executed.

    This is legally open to interpretation,,, a complete position....vs partial completion.

    In other words a significant/substantial holder could put into place lets say a 20 million share sell order, and not need to disclose to the market until the order is completely executed..

    This explains the innocent complaints made by investors that simply understand the nuts and bolts of the 1% rule or the 30 day rule or the 14 day rule etc etc

    This rule ( annex ) is used to advantage by some.

    Last time I mentioned this,,,,perfectstage came straight back with rhyme and verse ad verbatim....I miss that boiler room twat.

    .

    ASIC has been made aware of Paldar's interpretive latitude

    Who can prove just what is a partial order.

    Directives and orders may be modified at any time.

    Disclosure is a farce at times.

    Paldar would do much better for his EU family holiday negotiating off mkt placements.

    Perhaps Biswash should contact him, considering that he continues to make a behind the scenes play for the co.

    Why is that I hear you say ?

    Small holders beware..

    Soon esi will be the only kid on the Valley block

    ''Cowboys and Indians'' will be my next thread.

    The top 20 may tell the story.

 
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