It's due to the nature of the resolution, which does not allow Bright to have a vote. Possibly because they are the party offering the loan?
From the announcement:
"Bright Dairy cannot vote in favour of the resolution; as such, the Directors appointed by Bright Dairy have abstained from making a recommendation."
Chart Update, page-25202
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Last
$5.26 |
Change
-0.140(2.59%) |
Mkt cap ! $3.830B | |||
| Open | High | Low | Value | Volume |
| $5.38 | $5.47 | $5.26 | $7.047M | 1.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 17253 | $5.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.27 | 3962 | 15 |
View Market Depth
| Last trade - 13.56pm 18/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |