No Bebono you've not missed anything....share holder approval can happen...but the top 20 share holders are going to want to see value in the deal prior to agreement...read sophisticated investors
15% is 70 mil shares ...if you held 11 mil shares ( 5 % ) and the deal goes through at 15 cents you going to be required to stump up 525k to keep your 5 % holding pretty good coin for a speccie who only raised $1.5 mil last year to get this Mark Elery on board and move from the health sector in mining !!!
Regardless i can see patterson all over this raising and that will mean all westcoast eagles supporters get looked after and all Sydney swans members get crickets !! ha ha har
- Forums
- ASX - By Stock
- CEO
- thought on cr and consolidation
thought on cr and consolidation, page-18
-
- There are more pages in this discussion • 40 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 CEO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online