AGS 0.00% 17.0¢ alliance resources limited

Ann: Unmarketable Parcel Share Sale Facility-AGS.AX, page-28

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  1. 637 Posts.
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    Thanks for clarifying, Nuke.

    Presumably a trust issue. Some would possibly think that this could be a plan of management to buy back as many shares as possible, then release an announcement shortly thereafter that there will be a further capital return (as previously raised as a possibility). If this were to happen, then it would be beneficial for current shareholders, especially those that have a significant holding.

    I guess having some knowledge of how many participated in the buy back could've been helpful yesterday (again, presuming there is a legal clause that permits some people from investing after the closing date of the UP Buy Back).
 
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