ABV 0.00% 7.3¢ advanced braking technology ltd

Ann: Change in substantial holding, page-4

  1. 2,842 Posts.
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    So Keith Knowles and David Slack own about 50% of the company.

    What does than mean for other shareholders?

    I'll admit to be slightly nervous that ABV could be (basically) privatised - I'm unsure what the ASX rules are in these circumstances where, for example, they could jointly launch a (lowball) t/o offer.

    Almost inarguably, it would appear to be a bullish signal - maybe we should be taking advantage of the 4c currently on offer?

    Interesting times and the upcoming 4c could be most instructive.
    Last edited by Mr_Cod: 06/07/21
 
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