NSC 0.00% 42.0¢ naos small cap opportunities company limited

Yehlocker>Glen didn't mention how many shares he was buying at...

  1. 496 Posts.
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    Yehlocker
    >Glen didn't mention how many shares he was buying at these prices did he?


    He did not advise that he had purchased any shares personally.

    He did clarify why Stevens and Babidge were included in the in the Contango Asset Management Limited ASX advice of 2 Feb which caused Morningstar/Commsec to incorrectly conclude that CCP had an interest in CTN.

    He advised
    "I refer you to my earlier response of this morning and wish to add that Mr Stevens and Mr Babidge are included because they are directors of Contango Asset Management Limited (Mr Stevens is also a director of Contango MicroCap Limited).
    When lodging such a notice, under the definition required by ASIC, a fund management company (in this case Contango Asset Management Limited) must include in its disclosure the holdings of its clients (as I have listed in my earlier email); those of its directors (also in my earlier email); and any holding that it holds in its own right in this case that is zero.
    I certainly agree that this can get very confusing."
 
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