Personally, I think when you limit the ability of the board to raise funds then you create huge problems.
15% is harmless at this stage. Most of the damage was done 4 years ago.
No, LG can't invest $100 million without shareholder approval.
That's way above the 15% of shares that are allowed to be handed out.
$100 mil equates to 1 billion shares.
Above 19.9% is when a hostile takeover is triggered.
$100 mil would mean a complete take over.
Personally, I think when you limit the ability of the board to...
-
- There are more pages in this discussion • 187 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $13.73K | 1.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 7636857 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1734242 | 8 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |