”holds significant interest in the company”? Are you sure about your numbers SF??
If Peter (Fat tail holdings pty Ltd) had 40m shares as you’ve quoted he would own around 1.2% of AVZ.
The AVZ announcement states Fat tails ownership of just 0.14% which equates to only 5m shares. That’s stuff-all, there are plenty of retail shareholders with much more significant interest in the company than this guy.
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