a. because those resolutions can only be for the year following the AGM in which they are made. You can't make an open-ended exception to the ASX share issuing rules.
b. because issuing new shares puts you in almost the same position - you don't spend the cash, but you move the problem to a debt/equity one.
Support Levels, page-246
-
- There are more pages in this discussion • 820 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
38.0¢ |
Change
0.005(1.33%) |
Mkt cap ! $51.98M | |||
| Open | High | Low | Value | Volume |
| 38.8¢ | 39.5¢ | 37.5¢ | $27.97K | 73.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 321 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 39338 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| SMN (ASX) Chart |