Under s671B of the substantial holding provisions, a person who becomes a five per cent holder, or changes their substantial holding by at least one per cent in a listed company or listed managed investment scheme, is required to lodge a notice disclosing details of the holding with ASIC, usually within two business days.
I know he has some holdings spread over different companies etc, however if he was to sell down to that sort of extent, he would have to lodge notices to that effect.
MOG Price at posting:
16.5¢ Sentiment: ST Buy Disclosure: Held