Ann: Ceasing to be a substantial holder, page-5

So Li Borong managed to dupe someone into buying 25mil odd shares (at 0.009c / last traded price) making his remaining 150m holding just under 5%.

To be a substantial holder you need 5% +

Who knows who bought them,  but (In theory) the cash did not go in to BPG's coffers... unless Li will buy BPX tokens with this money?

I don't think it's a sign that BPG will start trading again.  Complete speculation,  but could be something to do with the ASIC and ASX investigations; Li Borong / or any one of the 5... no longer a substantial holder may have been an ASX requirement for relisting?? As I say,  complete guess.

If anyone knows who bought them, tell them they can buy mine at 0.009 or even a discount!!!

Cheers
MSN