RXL 3.45% 14.0¢ rox resources limited

What's the future for RXL?, page-15

  1. 2,985 Posts.
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    Ok if we accept that there is a patient investor, the company would see this in their assessment of the trading.

    If this investor is using multiple accounts then a pattern would emerge.

    If this investor is using a third party account - multiple brokers accounts - then at some point these accounts would start to show up in the T20 for it to be a reasonable sized holding, collectively that is.

    Sure it is possible for someone to sit outside the T20, HP holding according to the last T20 was 14% of SOI.

    There are 2 BNP noms accounts for a total of around 6.2m or 3.68% then there is nothing else. To have accumulated a decent chunk say similar to HP then they would have to have something like 30 accounts to stay out of the T20.

    I cannot see this as being plausible without the company knowing about it.

    So either the company is aware and condones it or it isn't happening?

    Are there other conclusions I am missing here?

    https://hotcopper.com.au/data/attachments/4907/4907917-74b9ad89d120401f95756cdb512f1649.jpg

    Last edited by Chiller: 12/12/22
 
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