From the announcement.
"The Company has approximately 2,922 shareholders of which approximately 1,305 holda Small Holding (representing approximately 2.03% of the Company's issued shares)."
VML will be left with approximately 1,600 shareholders. That is a much tighter group than the current 2,922 shareholders, so, I believe the claim there will be considerable savings.
Makes sense to me.
From the announcement."The Company has approximately 2,922...
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Mkt cap ! $29.47M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $5.774K | 1.262M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 17847226 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 13486379 | 42 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 100630 | ||
| Last updated 15.27pm 06/05/2024 ? | |||||
| VML (ASX) Chart |