Gina Rinehart has never filed a “Ceasing to be a sub holder” notice (HPPL is above the 5% threshold) so she has certainly not pulled out - and I strongly doubt she has any near term intention to.
Instead, it’s clear she will have actually increased her holding by some proportionate number by participating in the last placement (at $5.10 per share in May) to maintain the size of her % stake. The announcement from VUL at the time of completion said it was “strongly supported” by existing shareholders as well as new investors.
Ann: Update of Zero Carbon Lithium Project Resources, page-19
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Last
$4.11 |
Change
-0.040(0.96%) |
Mkt cap ! $707.2M | |||
| Open | High | Low | Value | Volume |
| $4.14 | $4.20 | $4.05 | $2.073M | 502.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15507 | $4.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.15 | 5039 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$4.14 |
Change
-0.040 ( 0.31 %) |
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| Open | High | Low | Volume | ||
| $4.19 | $4.20 | $4.05 | 59179 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| VUL (ASX) Chart |