What is the maximum time frame allowed by the ASX and ASIC for a Substantial Holder Announcement?
Today's announcement that Blackrock became a substantial Holder of 5.27% of the company's stock effective between 8/8/2010 and 7/12/2010 is way beyond what is allowed under the rules, for such an announcement.
I for one would like an explanation from the company as to why shareholders have been kept in the dark for 7.5 months on such an important by-in by Blackrock, worth $18,893,922.
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Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86376 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 180867 | 5 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |