"Includes 12,193,700 AMAL Shares allocated to CG Nominees (Australia) Pty Ltd, who is acting as sale agent to sell the AMAL Shares attributable to Ineligible Shareholders from the date of implementation of the Scheme, as per clauses 6.4(c) and 6.8 of the Scheme"
12,948,309 shares traded on ASX since 17/12. Some of this volume may include sales for ineligible sharesholders.
11 trading days left until Tue 5th Feb.
So worst case probably 1m per day to be sold?
Volumes over last 2 days over 2m.
A40 Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held