Hi @h00ts ,or someone else with the knowledge.
Wanting to understand better the terms of the CATL investment.
In particular that relating to -- For a period of 18 months, if CATL holds >10% of PLS, CATL will sell shares into any control transaction which has been accepted by shareholders owning more than 50% of PLS shares and is accepted by at least 75% of PLS' directors.
Have/are there any current ASX stocks with a similar agreement ?
What is control transaction?
Yet another question --- "Huicen Capital P/L" now appears on PLS' Top 20 Shareholders list ( 31st August ).
Interested to know the background of the company. It was incorporated Feb. 15 2019 as an Australian private company.
Not suggesting anything wrong.
Cheers
When to buy...???, page-63
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$2.85 |
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Mkt cap ! $8.579B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.95 | $2.84 | $47.90M | 16.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 187031 | $2.84 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 401638 | 11 |
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