AON 22.2% 1.4¢ apollo minerals limited

Ann: Apollo To Raise Up To $4.4m and Restructure Board-AON.AX, page-59

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  1. 2,489 Posts.
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    As at today, major company shareholders surfaced:
    1. 1st Mr Ian Middlemas 6,000,000 (11.03%)
    2. 2nd pre-chair Richard 4,934,395 (about 9.07%) with 3,375,000 at various excisable price
    3. 3rd Citicorp nominee(likely) 1,212,391 (about 2.23%) from original 4,849,562 shares
    ? ............ENT.................................500,000 (about 0.92%)

    If pre-chair participates 1:1 eligible shareholders planned incoming 5 cents per share CR
    set by Record Date on 20 June 2016, he is to be top 1st shareholder with no doubt as he has already entitled
    sizeable pre-consolidation holdings .

    Is this a joke or stealing by sacrifice of existing shareholders 1-for-10 and 1-for-4 bloodbath consolidation?
    Why this sort of entirely worst and most greed oriented unbelievable, out of human practice is going on?
    If anyone finds right answer for this crazy mad conducts, he/she could be positioned to get
    huge investment return from this company.

    Regards,
 
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