Happy weekend fellow RXM SH-ers, and what a big week huh!
To boldly request a favour, would one of our esteemed and learned family please explain the logistics around dot-point 4 (taken from page 3 of the scheme) ?To obtain approval of >75% of all voters (excluding MACH @ ((16.8%??)), does that mean an actual 'yes' vote from the balance of the holders, or is 25.1% of the balance sufficient to officiate a 'no'? What happens to the obtaining votes? Hence I'm asking which way around this works?
This is a first for me when it comes to SH having a collective say of consequence (touché to the reminder of 'our collective voice', @arsenic, nicely put).
I believe this offer is a 'first' offer, maybe the BOD had some more along the way, so they think it is a 'best' offer. I believe the offer is coming 'from' a position of perceived strength and perhaps 'to' a position of perceived desperation? ( self imposed pressure?). In any case, I think (as per some sentiment above) it is opportunistic and also mighty cream.
I will be voting 'no' - at this price.
WW
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Last
45.5¢ |
Change
0.005(1.11%) |
Mkt cap ! $356.3M |
Open | High | Low | Value | Volume |
45.5¢ | 45.8¢ | 45.0¢ | $1.185M | 2.606M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1062823 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 2171318 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1062823 | 0.455 |
25 | 14128245 | 0.450 |
3 | 114611 | 0.445 |
8 | 227705 | 0.440 |
6 | 403970 | 0.435 |
Price($) | Vol. | No. |
---|---|---|
0.460 | 2171318 | 23 |
0.465 | 1507172 | 11 |
0.470 | 3162439 | 23 |
0.475 | 1061900 | 5 |
0.480 | 18950 | 3 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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