Yeah, not fair under the strict ASIC definitions, but to me this:
namely, that all shareholders had the chance to take up their notes back in November/December last year on the same terms makes it seem fair to me, notwithstanding that strategically, non-associated shareholders looking to increase a shareholding could be strategic to vote against conversion and pick up shares on-marker when Ariadne is then forced to dump.
The valuation of 15 cents on conservation estimates is very encouraging.
Yeah, not fair under the strict ASIC definitions, but to me...
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5.5¢ |
Change
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Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.5¢ | $58.83K | 1.068M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 260464 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 1299265 | 2 |
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