Just out of curiosity what percentage of SH need to agreed for a TO to go ahead, not specifically ARL just ASX in general?
I would think ARL would be difficult to get a controlling stake with over 70% of the registry held by the 92. Yes I know that number sounds crazy though based on figures from OCT 2017 the details are as follows.
80,649,869 SOI 04/10/17
100,00+ Shares Held by 92 Holders. Totals shares held 59,669,439 or 73.8% before loyalty options.
Further 57.17% is held by the top 20 holders.
Final note congrats to those who are lucky enough to be in the 92 and number 18 of the top 20 if I rember correctly (You know who you are haha), if Q3 is as we expect we will have a very merry AGM.
Largest cobalt resource with lowest valuation, page-2569
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46.0¢ |
Change
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Mkt cap ! $91.85M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.5¢ | 45.5¢ | $23.69K | 52.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9327 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 4546 | 1 |
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