As I understand it, the second meeting is only in relation to the issue of the shares from the latest 8.5 cent CR.
The first resolution is not necessary to authorise the issue of the First Tranche shares BUT it does free up the directors to issue a further 15% of shares within 12 months at whatever issue price they determine. I would prefer they had to come to SH's with a proposal in order to avoid a repeat of the last debacle.
The second resolution is necessary to authorise the issue of the second tranche of shares - otherwise that part of the CR will not proceed.
Have I got this right ?
Fisho
- Forums
- ASX - By Stock
- FAR
- Ann: Notice of General Meeting/Proxy Form-FAR.AX
Ann: Notice of General Meeting/Proxy Form-FAR.AX, page-16
-
- There are more pages in this discussion • 1 more message 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 FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
49.0¢ |
Change
0.025(5.38%) |
Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
47.0¢ | 49.0¢ | 47.0¢ | $7.096K | 14.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 50146 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 17921 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 42046 | 0.485 |
1 | 5000 | 0.480 |
1 | 10000 | 0.475 |
2 | 24999 | 0.470 |
1 | 50000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 3728 | 1 |
0.500 | 10000 | 1 |
0.505 | 25000 | 1 |
0.510 | 100895 | 2 |
0.520 | 226786 | 4 |
Last trade - 15.58pm 02/10/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |