Hi guys
It is just another example of BWN manipulating the facts to suit themselves. Best course of action is to make sure your complaints are heard by ASIC. If they receive enough complaints they will act. So don't feel that you have no power, the small shareholders have all the power in this matter.
The Shareholder Group that has called for an EGM to remove the existing Bowen Directors, were seeking a bonus option (a new issue) for those held, not an extension of time on the existing BWNO option series (which I am aware would breach of the ASX listing rules). Many other companies have structured such issues correctly in the past BSG, PEL and CVI is in the process of doing this.
Scott
resolution 9 removal, page-9
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Last
61.5¢ |
Change
-0.010(1.60%) |
Mkt cap ! $169.2M | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 62.5¢ | 61.5¢ | $30.62K | 49.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 7087 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 19110 | 1 |
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| Last trade - 10.56am 16/10/2024 (20 minute delay) ? |
| BWN (ASX) Chart |