Interestingly Mr. T will have 51% pre dilution if this vote goes ahead.. There will also be a shareholder vote of whether he is to exercise his options taking his stake to 52.5% (with additional $2.75M into the kitty) this is only provided that no other options are exercised. If enough options are exercised (obviously provided its were financially worth it) bringing his stake under 50%, there will be an additional shareholder vote as to an additional placement so that he maintains his 51%. In theory then if enough options were exercised and then a vote against him raising capital at the expense of further dilution would his stake then be under 51% thus not giving him the sole majority vote in any future discussions for the company?
- Forums
- ASX - By Stock
- AKM
- Why No Takeover??
Why No Takeover??, page-67
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AKM (ASX) to my watchlist
|
|||||
Last
30.0¢ |
Change
-0.020(6.25%) |
Mkt cap ! $152.2M |
Open | High | Low | Value | Volume |
31.5¢ | 31.5¢ | 30.0¢ | $61.53K | 201.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20779 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 559 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20779 | 0.300 |
1 | 50000 | 0.290 |
5 | 168346 | 0.280 |
3 | 113187 | 0.275 |
3 | 21998 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 559 | 1 |
0.310 | 559 | 1 |
0.315 | 50453 | 2 |
0.320 | 44803 | 3 |
0.325 | 168298 | 4 |
Last trade - 15.49pm 29/07/2024 (20 minute delay) ? |
Featured News
AKM (ASX) Chart |