Hi Cabbie,
Yeh the 2,485,339 shares held by Bellero constructions.
Explanatory notes outline the cost as being Nil. Effectively the shares get cancelled without cost to the company, the only financial costs being the lost revenue if I read it right. the company doesn't need this cash as accounted for in their financial report.
they only add up to a small percentage of total shares.
seems ok from where I sit... any one else have different feelings?
- Forums
- ASX - By Stock
- VMG
- buy back proposal
buy back proposal, page-3
-
- There are more pages in this discussion • 15 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 VMG (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.927M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
VMG (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online