re: Ann: DOW: Downer secures $120 million Kar... With reference to the above.
Ansteel's effective holding of Karara (KML) is:
50% directly in KML
15.5% via it's 31% holding in GBG (GBG owns 50% of KML so 31% of 50% = 15.5%)
So total effective Karara interest = 65.5%
Thankfully Ansteel's voting power is only 31% of GBG, so it cannot affect GBG's direct votes in KML.
Make sense? I'm a financial accountant, i've trade to make it as simple as possible :P
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Last
$5.75 |
Change
-0.060(1.03%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.81 | $5.82 | $5.75 | $4.730M | 820.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 14315 | $5.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.77 | 2637 | 2 |
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