Australia's largest stock trading and investment forum Australia's #1 stock forum

DLX

Click for more information

0.83%

$7.31 duluxgroup limited

Ann: Becoming a substantial holder, page-6

First 6 Last

Share
Profile

Follow
Heisenberg

41 Posts.

15/06/17

23:05

Post #: 25305948
Share

Originally posted by madamswer ↑

Hi Adam - how does Graincorp fit into this? I notice the fax heading states "GrainCorp Limited - Notice of initial substantial Holder"(followed by the subsequent list of shares in DLX that have been acquired by Norges). A typo?

@rester,

Good pick-up. I didn't even notice that.

I am sure it is a typo, because they say they own 20.8m shares (5.4%) of whichever company it is.

DLX has some 389m shares on issue, which would make sense that they are indeed referring to DLX (20.8m is exactly 5.4% of 389m)

(Unless - by some extraordinary co-incidence - Graincorp has an identical number of shares outstanding as DLX)

Expand

They also lodged a substantial holder notice for GNC today, so I'm guessing they used the cover letter as a template when preparing the notice for DLX and forgot to change one of the references to GrainCorp.

DLX Price at posting: $7.19 Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

First 6 Last

Add DLX (ASX) to my watchlist