Reach 5% holding => public disclosure of holding. Reach >20% => Takeover laws apply Reach >50%. => guarantee board control Reach 90% => compulsory acquisition applies.
It is the final threshold which is the one that will concern many of us if we want to be long term holders. Providing at least 10% hold out they will be a minority holding. It’s not an issue now but as dilution occurs it could really creep up on holders.
HIO Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
