Providence Resources - TOR - If TOR's 6% went to...

If TOR's 6% went to ACC then todays RNS would be illegal. When an RNS is announced I imagine paperwork is required to back up statements i.e records of buyers and seller of shares in this case. It would be difficult to pretendvto LSE that the shares were not passed to ACC just because RNS was delayed. Also cannot see why TOR snr would do this - no advantage to himself. Thus a more likely alternative is that TOR snr is offloading his shares to one of his other offshore based holdings. If the share price of Providence was expected to rise in near future doing this would make sense especially when you have ACC breathing down your neck. There is circa 50% of this company in the hands of unknown shareholders. TOR snr had 49% at one stage. Perhaps many shares were transfered to sub 3% holdings in offshore companies a long time ago