The right for ME to loan money was put to a vote at the AGM. And again, by the definitions, if he's not holding more than 5% and he doesn't have a supply/offtake-type agreement, it is classified as independent. The loan agreement is a no-recourse loan in that there is nothing secured for the loan.
And finally, he is not involved in the decision making; that's what the N in NED is about.
What would a Global mining expert know?, page-54
Add WKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $87.26M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $31 | 250 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 162898 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 11271 | 2 |
View Market Depth
| Last trade - 10.52am 14/05/2024 (20 minute delay) ? |
|
|||||
|
Last
12.0¢ |
Change
-0.005 ( 7.69 %) |
||||
| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 12.0¢ | 40000 | ||
| Last updated 10.43am 14/05/2024 ? | |||||
| WKT (ASX) Chart |