If existing shareholders were given 100% shares then most of them would have tried to sell and market value of new company would have been less than what cash was transferred from AUZ. All the existing registry problems would have been transferred and to raise money a lot more dilution would have occurred.
this way B.B. is making sure that we can't sell our shares and best opportunity for the new company to flourish.
If existing shareholders were given 100% shares then most of...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $13.73K | 1.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 7636857 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1734242 | 8 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |