IOR 0.00% 0.0¢ indiore ltd

Ann: Company & Phase 3 Expansion Update & App 3Z, page-26

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  1. 1,235 Posts.
    lightbulb Created with Sketch. 36
    All need some help understanding when Cedric offloaded stock ?

    Here is his closing balance

    Cedric Fraser Goode and Kylie Nicole Mann ATF
    (Goode Family A/C)
    2,170,741 Fully Paid Ordinary shares (post share
    consolidation approved by shareholders on 28
    June 2018)
    This is 32,561,115 pre consolidation
    (Goode Family Super Fund A/C) (controlled
    entities of Mr Goode)
    1,407,199 Fully Paid Ordinary shares (post share
    consolidation approved by shareholders on 28
    June 2018)
    This is 21,107,985 pre consolidation


    At the end of the options conversions etc. There was

    Cedric Fraser Goode
    10,000 Fully Paid Ordinary Shares
    Cedric Fraser Goode and Kylie Nicole Mann
    ATF (Goode Family A/C) (a controlled entity
    of Mr Goode)
    68,500,000 Fully Paid Ordinary shares
    Cedric Fraser Goode and Kylie Nicole Mann
    ATF (Goode Family Super Fund A/C) (a
    controlled entity of Mr Goode)
    11,409,090 Fully Paid Ordinary shares


    His total shares at the time were 79909090÷15 = 5327272 postconsolidation

    His total share upon leaving. 3577940

    This means he has discarded −1749332 or
    26239980 pre consolidation.


    This is quite serious if true. I cannot find one announcement about changes in his interest.  

    How did he move such quantity of stock!

    Someone please cross check this.
 
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