"If Resolution 1 is not passed, the Tranche 1 Placement Shares will be included in calculating the Company’s combined 25% limit in Listing Rules 7.1 and 7.1A, effectively decreasing the number of equity securities that the Company can issue without Shareholder approval over the 12 month period following the date of issue of the Tranche 1 Placement Shares"
This may be a good thing and prevent the company from anymore selling of large allotments at 50% discount unknown investers without offering to shareholders.
GD
"If Resolution 1 is not passed, the Tranche 1 Placement Shares...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.553M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $2.06K | 665K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 56713945 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5078928 | 9 |
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| Last trade - 14.32pm 27/06/2024 (20 minute delay) ? |
| LNR (ASX) Chart |