In my understanding, there is a powerful reason a shareholder with say 22% would not join the Board of a Company is that if the Board decided that it would offer all minor shareholders say 10c per share to acquire all shares in that Company, but the 22% shareholder believed the shares are worth say $1.00 each, that 22% shareholder would be required to sell all their shares at 10c each.
Remember all the former Board members sold their shares to TIO (NZ) Limited for 2.5 cents.
- Forums
- ASX - By Stock
- If you can't beat them join them
In my understanding, there is a powerful reason a shareholder...
-
- There are more pages in this discussion • 3 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 RHK (ASX) to my watchlist
(20min delay)
|
|||||
Last
86.0¢ |
Change
-0.040(4.44%) |
Mkt cap ! $171.8M |
Open | High | Low | Value | Volume |
90.0¢ | 90.0¢ | 86.0¢ | $5.25K | 5.862K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2300 | 87.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2300 | 0.870 |
1 | 18 | 0.865 |
1 | 5658 | 0.860 |
1 | 1177 | 0.850 |
1 | 327 | 0.835 |
Price($) | Vol. | No. |
---|---|---|
0.900 | 10000 | 1 |
0.955 | 2239 | 1 |
0.960 | 10000 | 1 |
0.970 | 20990 | 1 |
0.980 | 20200 | 2 |
Last trade - 12.32pm 06/05/2024 (20 minute delay) ? |
Featured News
RHK (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, CEO
Steven Gourlay
CEO
Previous Video
Next Video
SPONSORED BY The Market Online