Ann: Peak to be acquired by Shenghe following Entitlement Offer, page-194

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kkkrrr

418 Posts.

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06/06/25

15:49

Post #: 79348806
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Originally posted by hh41: ↑

Lots of "IFS" and "BUTS" and all sorts of probabilities have been voiced here, all speculation, some rather outlandish. But the first real hurdle is the vote scheduled for early September. More than half of the shareholders (by number, not shares held) must vote and 75% of votes cast in person or by proxy (excluding Shenghe's lot) have to be voted "For" for the scheme to be successful. For what it is worth, Shenghe and our beloved BOD would not have come up with this scheme and the shameful offer of $0.359 if they didn't think it would be passed at that EGM. It may just scrape through but that will be good enough for them. I'm not sure what the BOD will get out of this but Shenghe will then have control. And I will never invest again in a company with a major Chinese shareholding or a project in Africa.

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"And I will never invest again" ...sorry, you bought a explorationcompany/developer ... this s no "investment" .. i would call it "gambling" ... be happy with the outcome

PEK Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 28.0¢		Change 0.005(1.82%)		Mkt cap ! $98.59M

Open	High	Low	Value	Volume
27.5¢	28.0¢	27.5¢	$84.05K	303.8K

Buyers (Bids)

No.	Vol.	Price($)
2	107902	27.5¢

Sellers (Offers)

Price($)	Vol.	No.
28.0¢	36430	2

View Market Depth

No.	Vol.	Price($)
2	107902	0.275
5	831232	0.270
14	859364	0.265
8	767153	0.260
1	199954	0.255

Price($)	Vol.	No.
0.280	36430	2
0.285	77500	3
0.290	161998	4
0.295	11498	2
0.300	62029	4

Last trade - 12.05pm 16/06/2025 (20 minute delay)

PEK (ASX) Chart

Ann: Peak to be acquired by Shenghe following Entitlement Offer, page-194

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Ann: Peak to be acquired by Shenghe following Entitlement Offer, page-194

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