re: Ann: Notice of Annual General Meeting/Pro... Cheers Trade,
I completely agree that timing is everything, however that is my concern.
I support the recent placement, however worried that we may be asked to approve another 38M shares at 16cents which will be shopped around during spud.
The approval will not happen until the AGM mid-June, right when excitement should be building. If my understanding is correct sophisticated investors will be selling into any SP increase, knowing they are guaranteed to pick up more 16 cent shares. At a minimum they definitely will not be buying, why would they with the promise of cheap CR shares?
Surely I am reading the resolution incorrectly, will look into further.
- Forums
- ASX - By Stock
- Ann: Notice of Annual General Meeting/Proxy Form
re: Ann: Notice of Annual General Meeting/Pro... Cheers Trade,I...
-
- There are more pages in this discussion • 5 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 TPT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online