PTN patronus resources limited

4.41%

6.5¢

Ann: Change in substantial holding from Delphi, page-4

First 4 Last

Share
Profile

Follow
Gwaihir

5,481 Posts.

4197

17/02/23

01:44

Post #: 66299422
Share

Originally posted by RnR ↑

Shareholding thresholds - The Allens handbook on takeovers in Australia

>50% Passage of ordinary resolutions
A person who owns or has voting control over more than 50% of a company’s shares can unilaterally pass an ordinary resolution, because it requires approval by a majority of votes cast. Importantly, directors can be appointed and removed by shareholders by ordinary resolution. (In practice, a person can normally pass an ordinary resolution on their own with less than a 50% interest given voter turnout at company meetings is often substantially lower than 100%.)
(Note: where there remain minority shareholders in a company, the company’s directors cannot favour the controlling shareholder over the others because the directors have a duty to consider the interests of the company as a whole. Further, related party dealings that require shareholder approval will likely need to be approved by the minority shareholders alone, with the controlling shareholder(s) excluded from voting.)

One more fat raising should do it.

Expand

Yep RnR, you may be correct.

I expect that within 6 to 9 months they will be applying for a change of company name to "Delphi Resources".

However, what is Delphi's end game here, what is their strategy, and how do they propose to make themselves millions of Euros in profit?

Gw

KIN Price at posting: 5.1¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Most investors will get this earnings season wrong. Will you?

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

ASE

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 6.5¢		Change -0.003(4.41%)		Mkt cap ! $106.4M

Open	High	Low	Value	Volume
6.7¢	6.8¢	6.5¢	$19.46K	294.7K

Buyers (Bids)

No.	Vol.	Price($)
9	743097	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	80666	1

View Market Depth

No.	Vol.	Price($)
9	743097	0.065
2	150000	0.064
3	134700	0.063
3	138000	0.062
3	92786	0.061

Price($)	Vol.	No.
0.067	80666	1
0.068	280165	2
0.069	158000	2
0.070	143321	3
0.071	150000	1

Last trade - 16.10pm 25/07/2025 (20 minute delay)

PTN (ASX) Chart

Ann: Change in substantial holding from Delphi, page-4

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Most investors will get this earnings season wrong. Will you?

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Change in substantial holding from Delphi, page-4

Top Stories

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Most investors will get this earnings season wrong. Will you?

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News