ADT 1.96% $4.01 adriatic metals plc

Ann: Litigation Proceedings Commenced by Sandfire Resources, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 316 Posts.
    lightbulb Created with Sketch. 36
    Yes they have an anti-dilutive clause in the strategic partnership agreement. Explained in the announcement of 30 Aug 2018 and earlier ones (https://www.investi.com.au/api/announcements/adt/bbee04f4-392.pdf). From an quick scan of past announcements, they have participated in each fundraising to date under this clause though, so unsure where the dispute arises. In any event it would appear to be a pretty run of the mill contractual dispute though rather than a complex piece of litigation, so I'm not fazed by this. But any dip could offer a buying opp.
 
watchlist Created with Sketch. Add ADT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.