|
Matra et Alpine,
If you rob a bank the Judge isn't interested how much money you were after.
"Hardly a significant "sell down"..... A quarter of 1% is significant, besides any buy sell should be disclosed immediately regardless of share price.
"erm explain last part please ?" Three weeks before rights issue the shares traded 40% higher, so the question is did Howell-Smith Number 16 sell then buy back.
A quarter of 1% BHP = $300 million
ASX Business Rules & Listing Rules
associates include:
(a) a spouse of any recognised affiliate or relative of any recognised
affiliate;
(b) a partner of the participant, a spouse of such a partner, or the
relative of such a partner or spouse;
(d) immediate families of any such partners, directors, employees,
consultants and associated members;
(j) any person who is an associate of the participant for the purposes
of Division 2 of Part 1.2 of the Act.
For the purpose of this definition, relative means spouse, defacto spouse,
parent, son or daughter or a spouse or defacto spouse of that person.
Voluntary withdrawal of listing
2.25 An issuer whose primary listing is on the Exchange may only voluntarily
withdraw its listing if it gives the Exchange at least 90 days notice and the issuer
has obtained the approval of the holders of each class of its listed securities by
way of a three quarters majority vote at duly convened meetings of those holders.
|