I don't think it is Alkane's choice but regulations. Can anybody explain this better?
Alkane aren't holding anything in ASM. They are distributing them to shareholders.
This was part of the Alkane demerger announcement:
At the completion of the Demerger, if approved, shareholders of Alkane will have the same
proportional ownership in both Alkane and ASM, with the exception of Ineligible Foreign
Shareholders (refer to the upcoming Demerger Booklet for details relating to investors with
registered addresses outside of Australia and New Zealand). Under the Demerger, the Alkane
and ASM entities will be separated, and no cross-holdings between companies will exist.
- Forums
- ASX - By Stock
- Watch out for cheap takeover offers once ASM demerger undertaken
I don't think it is Alkane's choice but regulations. Can anybody...
-
- There are more pages in this discussion • 49 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 ALK (ASX) to my watchlist
|
|||||
Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $295.7M |
Open | High | Low | Value | Volume |
48.0¢ | 49.5¢ | 48.0¢ | $300.8K | 617.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 46396 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 37799 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 46396 | 0.485 |
12 | 186478 | 0.480 |
5 | 70022 | 0.475 |
6 | 14794 | 0.470 |
2 | 52150 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 37799 | 5 |
0.510 | 1900 | 1 |
0.515 | 1315 | 1 |
0.520 | 10000 | 1 |
0.525 | 50000 | 1 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
Featured News
ALK (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online