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31-07-2020, 11:56 AM
#18051
Member
Originally Posted by Pegasus2000
yes, ANZ 33 million might be the cause of AMP percentage drop to 4.74% as Minerbarejet mentioned. Cheers.
No.If you look at their last disclosure there were 466m(2018)There is now 724m thus they have less than 5%
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31-07-2020, 01:51 PM
#18052
Originally Posted by nevchev
No.If you look at their last disclosure there were 466m(2018)There is now 724m thus they have less than 5%
If they had more than 5% with 466m in 2018, and they now have 724m, then more shares (the 33m allocated to ANZ) have to have been issued for them to drop below 5%. I believe those extra issued shares are the cause of the disclosure from AMP
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31-07-2020, 02:29 PM
#18053
Several capital raisings since 2018 that AMP have not participated in that brought the total to 691m and AMP maintaining an over 5% holding to the point where ANZ splashed out.
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31-07-2020, 02:39 PM
#18054
Member
Originally Posted by clip
If they had more than 5% with 466m in 2018, and they now have 724m, then more shares (the 33m allocated to ANZ) have to have been issued for them to drop below 5%. I believe those extra issued shares are the cause of the disclosure from AMP
5% and having 466m would mean peb would have nearly 10 billion shares on issue😕
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31-07-2020, 02:42 PM
#18055
Originally Posted by nevchev
5% and having 466m would mean peb would have nearly 10 billion shares on issue
Whoops.. total shares 466 > 724. Their holdings were 25m > 34m
-(a) total number held in class: 25,644,970
(b) total in class: 466,321,801
(c) total percentage held in class: 5.50%
For current holding after ceasing to have substantial holding,
(a) total number held in class: 34,330,651
(b) total in class: 724,143,563
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31-07-2020, 02:45 PM
#18056
Member
Originally Posted by clip
Whoops.. total shares 466 > 724. Their holdings were 25m > 34m
-(a) total number held in class: 25,644,970
(b) total in class: 466,321,801
(c) total percentage held in class: 5.50%
For current holding after ceasing to have substantial holding,
(a) total number held in class: 34,330,651
(b) total in class: 724,143,563
Your on to it
Suspect trading in the arvo,s.Who sells into 200,000 bid when only 35,000 on offer?
Last edited by nevchev; 31-07-2020 at 02:49 PM.
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31-07-2020, 02:52 PM
#18057
Another thing that should be considered is that others may have been accumulating up to a point just below 5%. This would drop the percentage ratios elsewhere too.
I would suggest that this pretty well says that there has been quite a considerable amount of accumulation elsewhere if a holding percentage drops by that amount despite accumulation of their (AMP) own.
Last edited by Minerbarejet; 31-07-2020 at 03:03 PM.
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31-07-2020, 03:02 PM
#18058
Member
Originally Posted by Minerbarejet
Another thing that should be considered is that others may have been accumulating up to a point just below 5%. This would drop the percentage ratios elsewhere too.
If the number of shares on offer remained constant it wouldnt matter who held what %.It wouldnt have changed AMPs %
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31-07-2020, 03:51 PM
#18059
But that is precisely the point, the number of shares have not remained constant and with every new issue via placements or CR the percentages will change.
Dilution.
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03-08-2020, 11:13 AM
#18060
Sp firming a little towards the AGM on Wednesday.
So are there announcements in the offing to be made then?
http://nzx-prod-s7fsd7f98s.s3-websit...785/325832.pdf
Notice is hereby given that the 2020 Annual Shareholders’ Meeting of Pacific Edge Limited will be held online at http://www.virtualmeeting.co.nz/peb2020 on Wednesday 5 August 2020, commencing at 3.00pm.
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