They can't dilute the stock more than 25% without shareholder approval. They used up much of that 25% with the November and April dilutions. Management obviously plans for future dilutions that would put them over the limit, unless there is a vote on the earlier dilutions that set the percentage back to zero.
Ann: Letter to Shareholders with respect to General Meeting, page-14
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.63M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $12.06K | 858.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 5116903 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 2090516 | 12 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| AZL (ASX) Chart |