AHF 0.00% 2.8¢ australian dairy nutritionals limited

Well the uprising got well and truly smashed it would seem at...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,600 Posts.
    lightbulb Created with Sketch. 94
    Well the uprising got well and truly smashed it would seem at first cut so the family and friends survived.

    Looking underneath the figures tells something else though but this is of neither value nor comfort to current holders who effectively now have a dead share holding going forward. TAU all over again.

    Of the 243m shares on issue the most votes cast were 87.5m on Resolutions 2 and 3. Less than 40% voted and even less (63.8m or less than 30%) voted for Resolutions 1 and 4.

    Here is a quick table of the results and also the results IF the private placement didn't go ahead. Interesting and pretty obvious to now see the purpose of the Paul Morrell placement in case some missed it being pointed out in the first place.

    AHF Vote count.JPG

    So sad for those existing holders that did take the effort to vote and vote correctly in time and I suspect exit strategies will be front of mind for many as a result.

    As for a "new strategy" going forward" ...from farm aggregation to vertical integration to boutique to maybe contract processing or maybe some non-dairy stuff...all inside 3 years. *Phew*
 
watchlist Created with Sketch. Add AHF (ASX) to my watchlist
(20min delay)
Last
2.8¢
Change
0.000(0.00%)
Mkt cap ! $12.63M
Open High Low Value Volume
2.9¢ 2.9¢ 2.8¢ $45.83K 1.581M

Buyers (Bids)

No. Vol. Price($)
1 63348 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 63918 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
AHF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.