PEB - Pacific Edge Ltd

[nevchev]

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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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

[Minerbarejet]

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.

[nevchev]

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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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

[nevchev]

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?

[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.
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.

[nevchev]

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 %

[Minerbarejet]

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.

[Balance]

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.