re: Ann: DOW: Downer secures $120 million Kar... With reference to the above.
Ansteel's effective holding of Karara (KML) is:
50% directly in KML
15.5% via it's 31% holding in GBG (GBG owns 50% of KML so 31% of 50% = 15.5%)
So total effective Karara interest = 65.5%
Thankfully Ansteel's voting power is only 31% of GBG, so it cannot affect GBG's direct votes in KML.
Make sense? I'm a financial accountant, i've trade to make it as simple as possible :P
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Last
$6.84 |
Change
-0.020(0.29%) |
Mkt cap ! $4.593B | |||
| Open | High | Low | Value | Volume |
| $6.85 | $6.88 | $6.70 | $5.355M | 783.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 450 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 5638 | 3 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| DOW (ASX) Chart |