Dream on Kopr,
According to the article in the West Australian yesterday, The Chinese have officially acquired a share in GWR just over 11%, these Shares have full voting rights for the upcoming EGM. PMM no longer controls 19.9% of the company
Add The 11% to FAS's 23% and then add in the Directors shares and I think you'll find PMM's Backdoor assault on GWR is dead in the water.
GWR only need the support of about 15% of non alligned share holders to hold off PMM's opportunistic play for control of the GWR board.
PMM on the other hand now own around 18% of GWR, they'll need a whopping 33% of the unalligned to vote for them. I'd be suprised if they could muster even a small fraction of the numbers needed.
Good Riddance I say. If they want board control, let them announce a takeover bid and pay a premium like anyone else would have to.
have a great day
Sir Incognito
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Last
8.7¢ |
Change
0.001(1.16%) |
Mkt cap ! $27.94M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 8.7¢ | $3.507K | 40.31K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 109687 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.078 |
1 | 131578 | 0.076 |
1 | 41666 | 0.072 |
1 | 14285 | 0.070 |
1 | 8080 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 109687 | 2 |
0.089 | 35000 | 1 |
0.091 | 1260 | 1 |
0.100 | 29000 | 1 |
0.105 | 25001 | 1 |
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