re: Ann: AFA: Notice to AIV for requisition o... Directors had changed the last CR due to threat of a 249d to not underwrite the CR. This essentially allowed ASF to increase their % holding - looks like that was a mistake.
If ASF have the votes, only way out of this for the directors is more dilution.
I really hope other species are watching what happens if you don't pay attention when using the placement rules,
A little pee'd off as when I saw ASF first on the register I emailed management and told them to watch out - if they don't have a backup plan will be expecting them to join the growing ranks of unemployed speccy directors. Maybe they can check out how GXN deals with 249ds :-)
ASF might also be doing a bit of scare mongering, trying to shake out a few more shares on market.
Add AFA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.73M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 141 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 6845 | 1 |
View Market Depth
| Last trade - 16.20pm 17/06/2024 (20 minute delay) ? |
| AFA (ASX) Chart |
Day chart unavailable
