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
$4.97 |
Change
0.190(3.97%) |
Mkt cap ! $855.2M | |||
| Open | High | Low | Value | Volume |
| $4.80 | $5.01 | $4.75 | $4.300M | 887.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1823 | $4.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.99 | 604 | 2 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$5.00 |
Change
0.190 ( 4.72 %) |
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| Open | High | Low | Volume | ||
| $4.78 | $5.00 | $4.75 | 64819 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| VUL (ASX) Chart |