I hold ASM because it is fantastic what is going on and I think it is a great company to invest in. I was not posting out of any motivation except some observation.
Ian Gandel did take over a company on the share market recently of which he was a significant shareholder. I do not want disproportionate control by him because he is in a multi billionaire family who can take over control if they wish if the share price goes low. Over 30 percent control in an asx listed company offers a lot of control. They can make an offer and gain control and compulsory purchase easily. Being Chairman of both the board and nomination committee is not appropriate.
Ann: Corporate Governance Statement and Appendix 4G, page-9
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Last
76.5¢ |
Change
-0.030(3.77%) |
Mkt cap ! $140.3M | |||
| Open | High | Low | Value | Volume |
| 78.5¢ | 78.5¢ | 75.5¢ | $309.8K | 401.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 55242 | 76.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 6306 | 4 |
View Market Depth
| Last trade - 12.04pm 14/06/2024 (20 minute delay) ? |
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Last
76.0¢ |
Change
-0.030 ( 3.64 %) |
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| Open | High | Low | Volume | ||
| 78.0¢ | 78.0¢ | 75.5¢ | 26572 | ||
| Last updated 12.21pm 14/06/2024 ? | |||||
| ASM (ASX) Chart |