My gut feeling is when the offered is finally closed and all resolved, EMR will have 100% ownership.
with regard to your question TOP did put some limits on what EMR can do on future fund raise. As I recall they can not underwrite therefore can only get new shares prorata with their existing holding, in that regard if everyone takes up the funding, % ownership remains unchanged.
but I don’t think it will be an issue.
Ann: Application for quotation of securities - EMR, page-7
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Last
$3.46 |
Change
-0.070(1.98%) |
Mkt cap ! $2.270B | |||
| Open | High | Low | Value | Volume |
| $3.52 | $3.54 | $3.45 | $2.730M | 781.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5637 | $3.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.47 | 10024 | 2 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| EMR (ASX) Chart |