By doing this they increase their shareholding from 37% to 39%. Shoring up the shareholding usually happens when majority stakeholders get nervous especially when price stays depressed leading to the possibility of a takeover. Given the strategic assets and huge potential they have.
Ann: EWI Converts its US$25M Note into Ordinary Shares, page-9
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Last
2.0¢ |
Change
-0.003(13.0%) |
Mkt cap ! $29.24M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $15.13K | 757.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1258505 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 77196 | 1 |
View Market Depth
| Last trade - 15.59pm 29/11/2024 (20 minute delay) ? |
| EWC (ASX) Chart |
