NTI 2.90% 6.7¢ neurotech international limited

They can issue new shares up to 15% of the current total without...

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  1. 1,908 Posts.
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    They can issue new shares up to 15% of the current total without shareholder approval.  So they can do a 15% dilution CR regardless.


    The resolution was to increase that by an additional 10% for a total of 25% dilution without a vote.


    But they can still do more than the 15% if they're prepared to go to an EGM for approval of the extra part.


    Last edited by TerribleTadpole: 30/11/18
 
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