Hello. LEL do not need to wind up the company to distribute to shareholders. They can simply pay a dividend.
The directors obviously want to work & earn a salary; as well as acquire performance shares, etc.
The insider shareholders are:
1. Strike 30%
2. Directors 1,422,621 + 110,000 + 1,422,621 + 25,000 + 1,173,706 = 3.6%
I am not sure how shareholders will raise a resolution to have LEL wound up and then gain a majority vote.
Hello. LEL do not need to wind up the company to distribute to...
-
- There are more pages in this discussion • 26 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 LEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.5¢ |
Change
-0.020(5.80%) |
Mkt cap ! $36.40M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 34.5¢ | 32.5¢ | $4.088K | 12.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 4944 | 1 |
View Market Depth
| Last trade - 10.53am 20/08/2024 (20 minute delay) ? |
| LEL (ASX) Chart |