There is a lot to distil in today's announcement.
But in summary it all boils down to A2 and how they decide to vote on the loan. Everything else becomes irrelevant.
Current shareholders are now facing total obliteration of their shareholding. If A2 vote in favour and equity raise will see small shareholders take dilute to pennies in the pound.
Ann: Announcement - Special Shareholders Meeting, page-2
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SM1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
36.5¢ |
Change
-0.005(1.35%) |
Mkt cap ! $220.1M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.0¢ | 36.5¢ | $8.378K | 22.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7022 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 1256 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| SM1 (ASX) Chart |