What I was thinking too Fitzroy. What prevents a group of four or five related party entities (family members/trusts/companies/SMSFs etc,) getting to just under 5%, then doing an off market transfer between themselves and announcing to the market “becoming a substantial shareholder at 10%, a few days later another off market transfer and they are at 15% and so on. Given BAML’s scant regard for the laws in this country, this accumulation by stealth would simply be an extension of their trading strategy.
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Mkt cap ! $349.2M |
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No. | Vol. | Price($) |
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1 | 10000 | 1.360 |
3 | 8500 | 1.340 |
1 | 1354 | 1.325 |
1 | 3000 | 1.320 |
Price($) | Vol. | No. |
---|---|---|
1.385 | 3300 | 1 |
1.390 | 37500 | 2 |
1.430 | 119 | 1 |
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