AKO akora resources limited

AKO has previously advised the market that it has received two...

  1. 183 Posts.
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    AKO has previously advised the market that it has received two non-binding offers from potential strategic investors to invest in AKO , the details of which have not been released (but would be well known to board members).

    So why are shareholders being asked to approve up to $190k of shares to be issued to 2 directors at $0.15 per share when these 2 directors are in possession of information (that we other shareholders don't have) that could value AKO at considerably above $0.15 per share if this information was available to all shareholders?

    (By voting for resolutions 8 and 9, shareholders would be in all probability voting for further dilution of their interests.)

    These 2 directors should only invest based on the market price of AKO following the end of June - ie after the analysis of the bids has occurred and presumably the strategic partner has been announced (including details of the t&cs).

 
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(20min delay)
Last
10.5¢
Change
0.000(0.00%)
Mkt cap ! $14.42M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 98000 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 130000 1
View Market Depth
Last trade - 16.21pm 11/07/2025 (20 minute delay) ?
AKO (ASX) Chart
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