ARH 0.00% 0.5¢ australasian resources limited

agm notice : report released., page-3

  1. 923 Posts.
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    wouldn't think it will move much for a while..... isn't there going to be 28 mil new shares to be issued at 1$ post consol. If so why would the price be higher than this before they are released. I may have miss read it but that is my understanding. One point is for sure is that they will be very tightly held after consol..... 23% of shares not Palmers lot, 3.8 % of that amount for the top 20 share holders leaving 19.2% to play with..... or until which time they issue more shares for funding which may or may not happen..... Very interesting to see what occurs in the new year..
 
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Currently unlisted public company.

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