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1.04% 9.7¢ walkabout resources ltd

the 16% is in Lindi - not WKT. Lindi's only share holder is...

  1. Ppaton77
    282 Posts.
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    02/05/21
    13:19
    Post #: 52876923
    the 16% is in Lindi - not WKT. Lindi's only share holder is WKT.
    So to assign 16% class b shares Lindi only needs to inform WKT - not WKT shareholders rather just the company.

    This is a legal requirement and the 16% was stated a long time ago - so why would further approval be required from shareholders of WKT? I would think just the people running WKT would need to approve the 16% as they are the appointed representatives of the company as a whole.
    WKT Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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