Just adding to what I said before:
As per the amended memorandum - Transfer of shares requires approval of directors.
Given what happened recently, where an investor proposed purchasing a share from existing holders for $250K AUD, Nick may be concerned that such share transfers could affect his ability to secure capital at a higher valuation. Consequently, directorial approval has been made a prerequisite.
- Forums
- IPOs
- Phoenix Water - PXW - Lithium - 100x
Phoenix Water - PXW - Lithium - 100x, page-1842
-
- There are more pages in this discussion • 269 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)