I posted my views and quoted ASX Rules as they pertain to 7.1A to support my view point.
But the meeting your refer to includes this bit:
"By ratifying the issue the subject of Resolution 1(b), the base figure in which the Company’s 15% and 10% annual capacities are calculated will be a higher number which in turn will allow a proportionately higher number of securities to be issued without prior Shareholder approval. "
So it seems AEV have a smidgeon greater capacity to raise.
As such, from your light reading, what do you think the spare capacity to raise via placements until December 2024 (12 months since the big CR)?
I posted my views and quoted ASX Rules as they pertain to 7.1A...
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Last
0.5¢ |
Change
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Mkt cap ! $11.74M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $31.91K | 5.578M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 12699071 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 2150133 | 5 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.6¢ | 0.5¢ | 1018585 | ||
| Last updated 15.46pm 26/04/2024 ? | |||||
| AEV (ASX) Chart |