Didier raised the following question regarding "change of major holdings".
"There may be a clue if there is no news later this week of major change of holding - that would be a bullish sign as opposed to if apparently there is the mandatory annonucement of change of major holding (ie sold out) - but I'm no expert in these disclosure obligation areas. Maybe someone else can clarify if major PEN holders have to declare they've dumped or bought up with short notice..."
Ormos wrote:
"I think if they have changed their holdings by more than 1% they have two days to give notice of it. I maybe a little off"
Can anyone confirm how many days notice is required?
cheers
Wayne
PEN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held
