AVR 2.97% $12.15 anteris technologies ltd

Ann: Extension of Voluntary Suspension, page-23

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  1. 2,502 Posts.
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    Article 7.1 means that they can only issue 15% more shares without shareholder approval. That will limit the amount of money that they can raise if they want to raise without shareholder approval.

    I don't know if there is a time limit between issues (surely you can't do 15% today and then another 15% tomorrow, etc) so maybe they can't do this again without shareholder approval given that the last cap raise was in May.
    Last edited by anthony75: 08/08/18
 
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