I think, and I could be wrong (most often am!) 15% is the amount per year they can issue without shareholder approval. From what I've seen companies will often issue more than that and at the AGM put a resolution to approve the issue of stock exceeding the 15%. Seems odd that they're allowed to get retrospective permission from shareholders, but it happens
I think, and I could be wrong (most often am!) 15% is the amount...
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Last
21.0¢ |
Change
-0.015(6.67%) |
Mkt cap ! $21.56M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 20.5¢ | $354.9K | 1.607M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9934 | 21.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 20000 | 2 |
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| HCL (ASX) Chart |