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  1. #1
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by winner69 View Post
    Something to do with Yarra acquiring Nikko

    Yarra/Nikko held more last year than this I think
    Good memory! However - this does not make the picture clearer.

    Yarra submitted last December a change of interest notice saying that they now hold 72,436,067 shares.
    http://nzx-prod-s7fsd7f98s.s3-websit...430/336728.pdf

    Today they submitted a "notice of initial substantial holder" claiming a holding of 59,277,176 shares.
    http://nzx-prod-s7fsd7f98s.s3-websit...718/344244.pdf


    WTF? What happened with the 72 mil odd they owned last year?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  2. #2
    Speedy Az winner69's Avatar
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    Quote Originally Posted by BlackPeter View Post
    Good memory! However - this does not make the picture clearer.

    Yarra submitted last December a change of interest notice saying that they now hold 72,436,067 shares.
    http://nzx-prod-s7fsd7f98s.s3-websit...430/336728.pdf

    Today they submitted a "notice of initial substantial holder" claiming a holding of 59,277,176 shares.
    http://nzx-prod-s7fsd7f98s.s3-websit...718/344244.pdf


    WTF? What happened with the 72 mil odd they owned last year?
    Saw that as well and said to myself what the heck

    Mysterious ways of the big end of town

    The 72m shares was actually 65m shares ...they sold down April to November
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #3
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by winner69 View Post
    Saw that as well and said to myself what the heck

    Mysterious ways of the big end of town

    The 72m shares was actually 65m shares ...they sold down April to November
    Well, yes - but this was before they said that they hold 72.4m shares on Dec 1st, 2020.

    No later notice after that (like end of substantial holding or change of substantial holding) until they report today an initial public holding of 59.2 m shares.

    Funny that - did they just forget to notify the market that they first sold down below the 5% threshold (if that's what it was) after Dec 1st ?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

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