MDI 16.7% 1.5¢ middle island resources limited

How many shares is CP still holding?

  1. 198 Posts.
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    As always, a picture is worth a thousand words.

    Last announcement before his ceasing to be a sub holder (148,690,000 left)

    https://hotcopper.com.au/data/attachments/2542/2542135-19d111e25cce3cba011e5e6843532a71.jpg

    Ceasing to be a sub holder on 15th Sept (148,690,000 – 9,000,000 – 449,181 – 4,000,000 = 135,240,819 left)



    https://hotcopper.com.au/data/attachments/2542/2542137-ddc4a35bcf9cf50594c903110a4d2072.jpg

    As we know, he uses Bell Porter as his broker. According to broker report as below, he had 96,440 819 left until 5th Oct (135,240,819 - 38,800,000)


    https://hotcopper.com.au/data/attachments/2542/2542141-d683a215491f3f7f6c89a8473a5305cb.jpg

    As Broker Report is T+2 data, we can only know the exact number of shares he sold for the past 3 days by next Monday. We all know he has been dumping at least 20M every day since Tuesday…

    Therefore, he has 36 million of shares left at the most which are barely enough for another 2 dumps

 
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