BaileyClark26 Feb 2011 11:27
Thanks for doing this. I am struggling to find time at the moment. You are right 12M shares would represent 4% of the company below the 5% notification threshold (assuming a new buyer). But since the 14th someone has been buying up in 100k - 250k blocks, I suspect it is the same person filling the 6M order that got cancelled.18M share would push their stake to 6% over the 5% threshold. I find it hard to believe though that this is a new player and therefore it is likley they alreayd have more than 5% holding so why no notification. Do you have a link to the place you did your reseach? I would like to see if anyone is expempt fom delcaring and if so under what conditions.