MLA 0.00% 8.5¢ medical australia limited

Jessie and Vin,If you look at fay family substantial notice it...

  1. 198 Posts.
    lightbulb Created with Sketch. 26
    Jessie and Vin,

    If you look at fay family substantial notice it was lodged as result of share issues related to purchase of Medivet not share sales. It also states on cover page that previous share numbers of 35.2m are prior to 1for10 consolidation. This implies to me that the Fay's actually brought a net 54.8m shares during the past 5 years to get to the 90 odd million shares pre consolidation or 9 million post consolidation.

    As they didn't issue other ss notices over that period they must have participated in previous railsings or brought shares to maintain their 19.4% holding over the past 5 years.

    If they sold into the recent run up we should know in the next day or so because they'll need to put out another substantial (assuming they sold more than 1%).



 
watchlist Created with Sketch. Add MLA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.