Listing rule 10.14.1 requires that shareholders vote on this proposal, it's not optional.You can stake every single CE1 share that you own that there was no way that Whiddon & Freeman gave these up voluntarily. Most likely they would have been warned off proceeding with the blatant money grab.
Question is, was the action triggered off by one (or more) fundies representing disgruntled shareholders or was it by regulatory authorities themselves? I doubt harsh words alone would have been enough for the directors to have a change of heart.
Now that management have a little less plunder to tally up & little more time on their hands, I wonder would either Glen or Mark care to elaborate what happened here?
You can stake every single CE1 share that you own that there was...
Add CE1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
0.003(1.96%) |
Mkt cap ! $82.3M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $118.4K | 928.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 17829372 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 3923128 | 34 |
View Market Depth
| Last trade - 15.56pm 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
12.8¢ |
Change
0.003 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 12.8¢ | 12.8¢ | 12.8¢ | 36380 | ||
| Last updated 11.44am 02/05/2024 ? | |||||
| CE1 (ASX) Chart |