It's unlikely to be the case. The shareholder profile from the last report shows a relatively small number of holders ~20% own 85% of the company. Combined with a few larger holders in the 10k-100k range is all that's needed.
The shareholders with <10k shares (1,067) are not necessarily needed to get this finalised as they hold combined 1% of SOI.
Ann: Notice of Change of Interests of Substantial Holder for MEP, page-8
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Last
1.6¢ |
Change
0.001(3.33%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $36.18K | 2.291M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 7879981 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1086056 | 11 |
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| Last trade - 10.58am 10/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |