Interesting development. ASX doing what it does best.
Though some might find it an odd concept, arms length transactions are the rule for reasons of governance. A board's chairperson is an interested party by any stretch of the definition. Sure there are plenty of exceptions with detailed applicable rules to ensure objectivity and transparency. Kudos to VRC if it complied with all rules over the period of less than 2 weeks since talks about the then potential transaction commenced.
"3. When did VRC first become aware of the Acquisition?The Company commenced discussions with Kabunga Holdings Pty Ltd in regards to the potential transaction the subject of the Acquisition on Tuesday, 5 May 2020."
Interesting development. ASX doing what it does best.Though some...
-
- There are more pages in this discussion • 19 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 VRC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $20.79M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $5.49K | 1.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 30298271 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5169200 | 6 |
View Market Depth
| Last trade - 15.13pm 28/06/2024 (20 minute delay) ? |
| VRC (ASX) Chart |