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clock Created with Sketch. 22/06/25
20:23
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Originally posted by foxylady:
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Datts exit from KNB has caused numerous theories and of course a price decline with the initial fall from 6 cent range to 4c range on the back of his on market sales. His call for a 249d and then pulling of it with 1 nominee director placed was due to i know being other large holders support of the existing board and not Datt’s 249d move. Yes he had 18% but other large holders and long term supporting holders had at least equal or more of the voting power. So in the end they both met in the middle ground with Tony Gu appointed.
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