I have had a quick look through the ASX listing rules and all I could find on voluntary delisting is 17.11 below.
so it would seem to imply approval on a case by case basis. However I seem to remember that when SD took their original holding in FML they were limited to less than 50% under FIRB ruling at the time but that seems to have gone by the board after the CR. I guess we will just have to wait and see how this unfolds. I still don’t understand from a risk/ reward standpoint why any shareholder would be a seller at these levels.
Ann: Funding Secured for Coolgardie Operations, page-12
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Last
14.0¢ |
Change
-0.025(15.2%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $34.69K | 242.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 132799 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 4616 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |