Australia's largest stock trading and investment forum Australia's #1 stock forum

APM

Click for more information

0.00%

$1.45 apm human services international limited

if the majority shareholder intends to keep their existing...

First 9 Last

Share
Profile

Follow
Banana1234

769 Posts.

61

02/04/24

11:11

Post #: 73144782
Share

Originally posted by LinShoway: ↑

Capital raising at AUD 2 per share with total amount 400 million is really good, this will really boost the share price much higher. However, the large shareholders are not willing to dilute their shares at AUD 2 per share unless they have the ability to capital raising on the same basis.

In the current situation, I think APM needs more funds, but the large shareholders are not willing to do capital raising at AUD 2 per share without their participation. That is why they are selling us minority shareholders and keep their position. Once APM is delisted from ASX, they may disucss a new capital raising price.

I feel sorry for IPO individual shareholders, and I don't see APM's board is performing on an ethical manner. However, as long as they do things lawfully, ethics won't be the top priority.

Just my own thoughts.

Expand

if the majority shareholder intends to keep their existing holding and sold out the retail shareholders to keep their interest the same in the newly unlisted entity. Say at $2 matching cvc.. the retail shareholder (long term) will more or less 40% from the ipo price...

If that is the case, I would say very harsh and morally wrong...
if the word moral exists in this deal...

APM Price at posting: $1.63 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

What's causing the cost-of-living crisis, and how to navigate it

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

There are more pages in this discussion • 21 more messages in this thread...

First 9 Last

Add APM (ASX) to my watchlist