AVR 0.00% $8.59 anteris technologies ltd

LOL..... they are not allowed to hold more than 5%, it's...

  1. 178 Posts.
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    LOL..... they are not allowed to hold more than 5%, it's part of the funding agreement. so, yeah, there's that.
    What we could also see is them trying to play the numbers and keep as close to 4.99% holding as they can.
    plus, would it not make sense to sell some shares and reinvest via the funding agreement and be able to hold more shares?
    they would have accounts that would advise them to sell X amount to be able to reinvest Y amount and increase their holdings and stay under 5%.
    maybe they have approached WP and proposed to release more funding at their request at close to the current SP?
    who knows, I don't, but I'm just pointing out not all things are bad or could be bad.
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