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9.1¢ 4ds memory limited

I think you're on it Brab . Sit back and see what transpires...

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chirofalls

1,688 Posts.

683

29/10/21

21:23

Post #: 57194831
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Originally posted by Brabant90 ↑

In my very humble opinion, I think shareholders should wait a bit before casting their votes.

This looks like a very complex mechanism to reach a final transaction.

And if - for example - 25% of the of the votes + 1 vote refuse to approve the 7.1A mandate (resolution 4), this will be enough for this resolution to be repelled (Special resolution = 75% of the votes needed).

Not passing resolution 4 could have unexpected consequences if this ability to make a 25% placement is part of the plan.

I think resolution four is just ordinary business.
The same resolution regarding a 7.1A mandate was in the 2019 AGM notice and nobody objected.
... And they never used it.

But at least, there is a scenario where they could need to create 25% shares to secure a final transaction.

All imo.

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I think you're on it Brab . Sit back and see what transpires over the next 3 or 4 weeks.

I also think the suspension will continue.
I don't believe they will drop the quarterly on Monday morning followed by a simultaneous technical update.
Suspension to continue as something big brews.
My humble opinion. Good weekend champions !

Last edited by chirofalls: 29/10/21

4DS Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 9.1¢		Change -0.007(7.14%)		Mkt cap ! $165.7M

Open	High	Low	Value	Volume
9.6¢	9.7¢	9.0¢	$459.9K	4.902M

Buyers (Bids)

No.	Vol.	Price($)
2	47090	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	97630	2

View Market Depth

No.	Vol.	Price($)
2	47090	0.090
5	265482	0.089
11	1085041	0.088
5	125852	0.087
7	1264139	0.086

Price($)	Vol.	No.
0.092	97630	2
0.093	31001	1
0.094	43479	1
0.095	297777	2
0.096	575000	3

Last trade - 14.16pm 18/07/2024 (20 minute delay)

4DS (ASX) Chart