Substantial holder notices are the responsibility of the holder (so I'm told).
MLX (obviously) does not check the content of substantial holder notices before they are released on the ASX, even though they are released under the name of MLX.
I expect now that this might be the case for all companies on the ASX, and therefore I also expect there are literally THOUSANDS of Errors in these releases and announcements that never get noticed, or investigated.
For instance, I just opened up one for the Vita Group (VTG) today, copied the numbers into the spreadsheet just to verify, and wouldn't you guess it, their numbers also did not add up. The number of shares traded fell 255,000 short on their line breakdown compared to what they declared in the summary header and ASX release. I bet this problem is actually really endemic on the ASX. And it might be due to the very poor work of company secretaries and administrators employed by the shareholder companies.
Anyway, MLX confirm that the trades on that date, for those prices, do not make any sense at all to them either.
MLX are contacting the substantial holder and enquiring about the apparent discrepancies, and what the correct figures should be, or if there is some other explanation.
We wait in anticipation.
Gw
MLX Price at posting:
53.0¢ Sentiment: None Disclosure: Not Held
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