"EXT may be able to issue 15% new shares without shareholder approval i.e. Kepco do not need to buy shares on market and EXT may not require KAH or RIO approval as some have assumed".
DaLatta, whether it comes dow to a share vote or not, KAH and RIO are going to veto any issue of shares/offer that doesn't suit them by virtue of their significant board representation. Additionally, I can't see EXT making any moves that would upset their major shareholders too much when they have stated that they intend to raise a significant portion of the required funds for development via these same shareholders.
KC
"EXT may be able to issue 15% new shares without shareholder...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.65M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $4.687K | 524.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 441211 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4762564 | 2 |
View Market Depth
| Last trade - 14.11pm 24/06/2025 (20 minute delay) ? |
| EXT (ASX) Chart |