ATH alterity therapeutics limited

Ann: Trading Halt, page-154

  1. 1,651 Posts.
    lightbulb Created with Sketch. 77
    but why couldn't it be raised in 6 months?

    my guess ATH management need to do it now as BNYMC owns more than approx. 40% of ATH.... and BNYMC might be a custodian for big pharmaceutical company or any predator company.... management might be scared if this is a predator company increased it shareholding to more than 50%... the capital raising of about approx more than 40% of ATH, that is, adding 40% more shares of ATH signals ATH management would not accept any takeover of ATH at these low share price? Do you think this CR is a defense mechanism?
    dyor
 
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Last trade - 10.22am 27/06/2025 (20 minute delay) ?
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