CHP 0.00% 0.5¢ chapmans limited

Ann: Proposal to Voluntarily Delist from ASX, page-6

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  1. 65 Posts.
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    Furthermore, the Company may require future funding to operate its business and there is currently no certainty as to the terms on which such funding may be provided. Following delisting from the ASX, the Company will no longer be subject to the constraints on the issue of new Securities without shareholder approval under the ASX Listing Rules, and existing securityholders may be significantly diluted as a result of the funding.


    CHP complaining about suffering the constraints of the ASX.... preparing to capital raise once delisted, diluting the value of securities which holders are unable to sell.

    I did not think it could get worse....


 
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Currently unlisted public company.

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