NXM the next multi bagger, page-1179

Just on the substantial holder thing ...
We won't see any change in substantial holding notice ... as there are no substantial holders.
In the last AR there were 193,351,671 shares on issue and no substantial holders.
Since then, CR's (44m) and exercise of unlisted options (6.8m) have seen 244,151,671 shares on issue and no initial substantial holder notices issued.
The last CR issued 44m shares to various entities but to be a substantial holder, you would have to own (5% of issued capital) 12,207,584 shares and obviously nobody does.
Perdy