Pinto,
Upon de-listing the company will still be a public limited liability company, that is, there will be no changes to its legal structure, only its shares will cease from being traded in the stock exchange or exchanges in this case. Conversion from one type of company to another is regulated and my feeling or intuition is that it will not be an easy task as it may require more than a simple majority vote (protection of minority shareholders).
As to the issue of dilution, there are some lawyers out there claiming to be specialists in such matter but in the end it may cost a lot in terms of effort, money and time.
- Forums
- ASX - By Stock
- FML
- seeking ???
seeking ???, page-9
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FML (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $47.28M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 16.0¢ | $3.25K | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9159 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 120650 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9159 | 0.155 |
1 | 25340 | 0.150 |
1 | 479241 | 0.145 |
2 | 23627 | 0.140 |
2 | 41138 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 120650 | 2 |
0.175 | 11067 | 2 |
0.180 | 4002 | 1 |
0.190 | 31322 | 1 |
0.195 | 102564 | 1 |
Last trade - 15.53pm 15/10/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online