Yes Thorium I wonder what the strategy is behind resolution 4??
It would lead to considerable dilution if the full amount was issued (25%)
IMO at the current SP this would be a gift to the recipients or recipient especially if one group was able to gain a large percentage of SBR.
This resolution seems not to be in the best interest of shareholders....
Dilution, page-3
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $5.501M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $1.635K | 116.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 211202 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 109158 | 2 |
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| Last trade - 12.42pm 03/10/2024 (20 minute delay) ? |
| SBR (ASX) Chart |