DBA SDL

re: Ann: Ceasing to be a substantial holder b... Did anyone...

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    18/09/10
    15:09
    Post #: 7214480
    re: Ann: Ceasing to be a substantial holder b...
    Did anyone notice the point 3 of the ann

    3. Changes in association

    On 6 August 2010, Deutsche New Zealand Limited, a wholly owned subsidiary of Deutsche Bank, acouired a 49.9% interest in Craigs Investment Partners Limited in New Zealand.

    I believe the reason for mentioning this in SDL ann is DB will indirectly have SDL shares via Craigs, yeah!!

    I personally think changing substantial ownership by BUY'ing / SELL'ing could be due to AUD conversion rate + transferring shares between their business for financial benefit.
    SDL Price at posting: 24.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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