mike88, Do you know if there is a statutory time frame in which a change in substantial holdings must be notified to the ASX by way of an Announcement? There could be times where such a change in the balance of ownership could herald a different direction for the company or effect shareholders perception of the commitment to existing policies and plans. Delays in public awareness of this info, could represent an advantage to those investors with this information, not dissimilar to insider trading.
PBD Price at posting:
1.0¢ Sentiment: None Disclosure: Not Held
