Many thanks for the information and insight, much appreciated! I would visit Moama if I could, but I'd rather put the money towards buying more shares before the grand meeting
Based on your information and my research combined, I have come up with a calculation of (rough) numbers for the meeting. Bear in mind that last time, approx 1/3 of shareholders voted online before the actual meeting and 99.99% of these votes were in support of the resolutions.
And also, this calculation only accounts for 672,538,386 shares out of 976,859,728 = 68.85% of total shares (55.18% if new shares issued).
Based on the preliminary results of the previous voting, it is logical to assume that the remaining 31.15% of shares will likely vote in favour of the resolutions at the upcoming meeting.
Green: safe to count as supporters of resolutions
Orange (up or down): likely to vote in shown direction
Red: against resolutions
*Note: if additional 241,964,932 shares are issued, this will account for 19.85% of the new SOI. Worst case scenario is that all of these new shares vote against the resolutions; this would result in 19.85% + 15.94% against = 35.79%.
Supporters would be diluted to 31.90% + 5.93% = 37.83%.
This leaves 26.38% unaccounted for: as stated above, it would be logical to assume that the majority (over 50%) vote in favour of the resolutions.
But the big question is: would Vaz be able to find enough evil people to stump up $725,895 in its entirety? Or will he have to open up the offer to friendlies as well to fill the pot?
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.40M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.3¢ | $26.47K | 802.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1014167 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 381807 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1014167 | 0.032 |
7 | 1133612 | 0.031 |
3 | 422332 | 0.030 |
1 | 20000 | 0.028 |
1 | 90442 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 381807 | 1 |
0.034 | 1231130 | 4 |
0.035 | 1095348 | 2 |
0.039 | 87262 | 1 |
0.040 | 2400000 | 3 |
Last trade - 12.27pm 23/07/2025 (20 minute delay) ? |
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