ISN 9.09% 6.0¢ isonea limited

good bye bergen

  1. 520 Posts.
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    Good to see after market announcement that as at 11 January Bergen is no longer a substantial shareholder.

    The approximate figures are as follows:

    As at 9 January they owned 152 million. They sold on 10 & 11 January 45 million, leaving them with 107 million.

    This is before Thursday & Friday's trading. My assumption is that they sold approximately a total of 50 million shares on those two days leaving them with 50 to 60 million shares to go. After another one or two days of trading they should be gone!!

    With the main seller over the last three weeks nearly out of the way and the commencement of the U.S. roadshow I would expect much rosier times for ISN shareholders.
 
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Currently unlisted public company.

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