Hi mate ,
Point 1. Yes that's how I read it. This is fine by me. I would have expected that to be the case , that's how you get the best people.
Point 2. The clause may have been there before , but they have never issued 25% in new equity before. My guess is that a big player wants in and that's the best way to do it.
The interesting thing is that to be eligible to do it , one of the clauses in the rules say the market cap needs to be under $300 million , which when they drafted these papers it looks like the SP was $2.73. But it isn't now... We are over that threshold. Not sure what's going to happen there...
- Forums
- ASX - By Stock
- WBT
- Ann: Notice of 2021 Annual General Meeting
Ann: Notice of 2021 Annual General Meeting, page-7
-
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WBT (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.95 |
Change
-0.060(2.99%) |
Mkt cap ! $369.9M |
Open | High | Low | Value | Volume |
$2.03 | $2.05 | $1.94 | $734.2K | 370.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $1.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.96 | 2493 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 1.940 |
1 | 1992 | 1.935 |
2 | 5105 | 1.930 |
2 | 3492 | 1.925 |
1 | 1992 | 1.920 |
Price($) | Vol. | No. |
---|---|---|
1.955 | 2493 | 1 |
1.965 | 1992 | 1 |
1.970 | 1992 | 1 |
1.975 | 1992 | 1 |
1.980 | 1992 | 1 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
Featured News
WBT (ASX) Chart |