"But this paragraph again rings alarm bells to me. Amos tries to take shortcuts, why? you must draw your own conclusions."
"QUOTE "The company is raising the maximum amount of money it can, while expecting more revenue through acquisitions & grants. Perhaps other options are on the table, we don't know.I believe a SH vote is required if the maximum amount of shares, that are allowed to be issued, is to be exceeded"END QUOTE"
"Tbh I really do not know why I am wasting my precious time, trying to educate investors in the basics of investments"
It's part of the ASX listing rules.
ASX Listing Rules Chapter 7 - Changes in capital and new issues
Many ASX-listed companies do this.
"Amos may very well turn out to be the next Richard Branson or Elon Musk, I doubt it.
But I will reserve my judgement for now."
Who's comparing Amos to Elon Musk around here? No one I recall.
Good luck with your future investments Jo.
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