He doesn't have a 7% stake. He 'and nominees' do though as per the last RNI Presentation. The initial ann 30/9 said he (Investmet) would invest enough to get 7%, but after an inordinate delay in the money being produced his contribution was not as previously announced. It turned out to be less than 5%. How do I know that? No Notice of a substantial holding has been issued.
Why MF has invested in RNI (whatever the %) can only be speculated upon. It could be HOR-related or it could just be a personal investment.
2017 Outlook, page-5
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0.9¢ |
Change
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Mkt cap ! $4.642M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3039777 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 3628585 | 2 |
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