AQX 0.00% 0.8¢ alice queen limited

Ann: Trading Halt, page-19

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  1. 68 Posts.
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    Shareholders only have themselves to blame.
    These capital raisings occur using the "15% per year rule" and then the company asks shareholders to approve these raisings retrospectively. Once approved the 15% limit resets - if shareholders stopped approving these, then Buxton wouldn't be able to keep doing them.
 
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