gberra,
"For a scheme to succeed it needs both greater than 50% of voters and 75% of shares voting in favour". Is that a generalisation of schemes like this or is it specifically stated in the arrangement documentation of this scheme? I have never come across the 50% of voters condition in any scheme such as this that I have come across. That would seem very odd and leave the vote open to expoitation by those who could organise a profileration of purchases by "friends".
I have glanced through the 100s of pages of the scheme documentation and haven't seen anything related to the what constitutes a successful vote in favour. Can anyone point to that specific item to confirm the 50% / 75% quotas?
- Forums
- ASX - By Stock
- MIN lithuim ore reserve update. CE on UG potential
gberra, "For a scheme to succeed it needs both greater than 50%...
-
- There are more pages in this discussion • 26 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 DVP (ASX) to my watchlist
|
|||||
Last
$2.17 |
Change
0.030(1.40%) |
Mkt cap ! $529.5M |
Open | High | Low | Value | Volume |
$2.13 | $2.17 | $2.10 | $1.514M | 707.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | $2.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.18 | 3552 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 2.130 |
3 | 2457 | 2.050 |
1 | 2500 | 2.020 |
2 | 1250 | 2.010 |
6 | 65000 | 2.000 |
Price($) | Vol. | No. |
---|---|---|
2.200 | 140 | 1 |
2.240 | 4672 | 1 |
2.270 | 150 | 1 |
2.280 | 13000 | 3 |
2.300 | 12811 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
DVP (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online