Well it shouldn't take long to find out if it is one big...

Well it shouldn't take long to find out if it is one big player......

Notification Obligations
Therefore, under sec. 671B, any shareholder who acquires (alone or with associates)
a relevant interest in 5% or more of a company’s shares must disclose that fact by
lodging an ASIC Form 603 “Notice of Initial Substantial Shareholder” with the
Company and **promotion blocked**. This lodgement requirement also extends to a
shareholder making a takeover bid even if the initial holding is below 5%.

Furthermore, for each 1% (or more) change in holding a Form 604 “Notice of Change
of Interests of Substantial Shareholder” must be lodged. And, if the holding falls
below 5% a Form 605 “Notice of Ceasing to be a Substantial Shareholder” must be
lodged.
These Forms must be lodged within 2 business days after they become aware of the
transaction or change in % holding and by 9:30am next stock exchange trading day
in a takeover situation.
If there are a number of Substantial Shareholders with similar or related relevant
interests (eg. a corporation and its related corporations, or the manager and trustee
of an equity trust), the names can be included in an annexure to the Form. If the
relevant interests of a group of persons are essentially similar, they may be referred
to throughout the Form as a specifically named group if the membership of each
group, with the names and addresses of members is clearly set out in the Form.