re: Ann: DOW: Downer secures $120 million Kar... With reference to the above.
Ansteel's effective holding of Karara (KML) is:
50% directly in KML
15.5% via it's 31% holding in GBG (GBG owns 50% of KML so 31% of 50% = 15.5%)
So total effective Karara interest = 65.5%
Thankfully Ansteel's voting power is only 31% of GBG, so it cannot affect GBG's direct votes in KML.
Make sense? I'm a financial accountant, i've trade to make it as simple as possible :P
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Last
$6.87 |
Change
-0.025(0.36%) |
Mkt cap ! $4.633B | |||
| Open | High | Low | Value | Volume |
| $6.91 | $6.95 | $6.86 | $1.269M | 183.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 5152 | $6.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.87 | 9139 | 46 |
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| Last trade - 12.18pm 23/07/2025 (20 minute delay) ? |
| DOW (ASX) Chart |