ANS 0.00% 1.7¢ austsino resources group limited

Ann: Suspension from Official Quotation, page-21

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  1. 3,331 Posts.
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    In relation to your last point re SDL CN holders , my understanding is that SDL shareholder approval meeting has to take place to approve CN holders before agreement comes into play ( this approval is scheduled this month- not sure what date ?) , therefore its plausible that ANS management saw an opportunity via our MD Chinese contacts to offer a funding package in return for bigger stake % and SDL management might have agreed to a rescue package from ANS / Chinese funding connections rather than dilute the c&*# out of shareholders with 22 billion issued script if converted to shares by CN holders -

    anyway who knows, we will have to wait
    Last edited by Graphite101: 06/09/18
 
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