cassip
Regular
Afternoon Cassip & Diogenese ,
Just a quick thankyou for the above ...... and a favour if i may.
Having logged onto their site ...cant seem to get the english translation.
If any savey Chipper is fluent in german.........
1, The 7.09% of their holding ( Biggest in their portfolio ) ....... HOW MANY SHARES DO THAY CONTROL.
The reason being ....... Should they have been included in the latest top 20 holders & more so are they potentially holding over 5% of the floated stock ....... and hence is a substantial holder notice warranted to the market ???
Note: my understanding is this fund has 500 million euro's to play with
500,000,000.00 divided by 100 = 5 million Euros (1 percent )
5,000,000.00 euros X 7.09 % ( BrainChip Holding in their fund assuming the fund is fully invested with no cash )
=35,450,000.00 million euros divided by say 0.30 euro per BRN stock bought would mean they potentially hold well over 5% of floated stock.
If their holding is over 83,050,000 BRN units ( Give or take a couple ) = SUBSTANTIAL HOLDER
Thankyou in advance.
Regards,
Esq.
Hello Esq.
volume of the Fonds is 15 Million Euro. That means 7,09 % (fully invested, they can keep up to 50% cash) equals 1.063.500 Euro, with SP of 0,20 Euro these are 5.317.500 shares, with SP of 0,3 it would be 3.545.000 shares.
So no substantial holder (not yet). I assume they would report crossing of a certain threshold. Sub-custodian depositary (is this the right word?) by the way in Autralia is BNP Paribas Securities Services.
Regards
Cassip
P.S.: you can see it at the "Monatsultimo Factsheet" on the right side "Fondsvolumen in Mio EUR"
Unsere Fonds - Frankfurter Vermögen AG
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