Ann: AnteoTech $3.5m Placement, launch of $5m Entitlement Offer, page-153

  1. 11,653 Posts.
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    Well you have me at a disadvantage from a technical point of view in that I have NO tertiary education or qualification and definitely nothing as far as accounting or auditing.

    I look at the numbers and compare them from last year to this year, and that number stood out at 1.76%, yes it could imply that the number of shares that those 5501 HOLDERS own makes up 1.76% of the total of the 2 Billion+ shares outstanding, so is it a correction last years accounts? But still having 58% of holders owning less than a marketable parcel is something I have difficulty in resolving?

    That to me suggests a consolidation is required so those holders are encouraged to release the 20 or 30 shares they have. I'm not sure I've ever seen a company with such a high proportion of holders having less than a marketable parcel? Just not a good look from prospective investors.
    Last edited by Sabbath: 17/11/24
 
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