AUQ alara resources limited

The main arguments would be the unnecessary dilution and the...

  1. RSD
    4,349 Posts.
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    The main arguments would be the unnecessary dilution and the setup to give control to ATI.

    They can incentivise the lead manager all they want - but he can only do what he can do, as mentioned in the new thread that I started ATI will automatically gain 19.9% as a first step in the shortfall allocation, and then they don't have to get many more to hit 20% which I believe (happy to be corrected) then forces them to launch a takeover bid for the company. A takeover at say a 25% premium to the current price would be a price of 4.25c per share. What are you averaged at?
 
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Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $21.54M
Open High Low Value Volume
3.0¢ 3.0¢ 3.0¢ $3.154K 105.1K

Buyers (Bids)

No. Vol. Price($)
1 6671 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 116675 2
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Last trade - 10.21am 20/06/2025 (20 minute delay) ?
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