My understanding of the ASX rules is that a notice does not have to be given unless the holder's interest changes by at least 1%.
A 5% interest in KNL (242M shares on register) would entail a holding of 14.1M units, which would need to reach 16.52M (6%) before the requirement for a notice is triggered.
Acoordingly a holder with a 6% or greater interest would have a window of 4.8M units to operate within.
KNL Technicals and Fundaments, page-20
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $54.48M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $44.58K | 366.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 163545 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 172308 | 1 |
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| Last trade - 14.12pm 17/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |