Paragraph from Gandel Metals letter of takeover intention of Alliance Resources (AGS.ASX) Feb 2022
"It is Gandel Metals's opinion that Alliance’s business operations will soon reach a phase where significant
equity capital will be required to commercialise its assets. Undertaking significant capital raisings whilst
complying with all regulatory requirements will likely result in additional costs to Alliance (and indirectly its
shareholders), such as underwriting fees. Further, if existing shareholders do not participate in the
anticipated capital raisings they will likely be subject to significant dilution. "
Ann: Change of Director's Interest Notice, page-34
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Last
43.0¢ |
Change
0.015(3.61%) |
Mkt cap ! $259.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 42.5¢ | $437.7K | 1.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34610 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 11017 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ALK (ASX) Chart |