Thanks for clarifying, Nuke.
Presumably a trust issue. Some would possibly think that this could be a plan of management to buy back as many shares as possible, then release an announcement shortly thereafter that there will be a further capital return (as previously raised as a possibility). If this were to happen, then it would be beneficial for current shareholders, especially those that have a significant holding.
I guess having some knowledge of how many participated in the buy back could've been helpful yesterday (again, presuming there is a legal clause that permits some people from investing after the closing date of the UP Buy Back).
- Forums
- ASX - By Stock
- AGS
- Ann: Unmarketable Parcel Share Sale Facility-AGS.AX
Ann: Unmarketable Parcel Share Sale Facility-AGS.AX, page-28
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online