That would mean that the main shareholder would move beyond 50% holding - not sure what legal implications that has.
Anyway, why would they consider this? If they have excess funds then either invest it or hand out a fair dividend to shareholders. They won't be able to do all of those at the same time.
GRR Valuation, page-431
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $358.7M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.3¢ | 31.0¢ | $465.1K | 1.472M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 131681 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 28097 | 3 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |