Yes they can, they will put it to a vote and if it gets 75% acceptance it will go through, since they have 81% of the shares they can do it. But there is a maximum amount they can issue every year, think they can increase number of shares by 25% a year and there is a limit on how much they can discount it relative to the weighted average share price for an amount of time
- Forums
- ASX - By Stock
- NDO
- so what's next you might ask
so what's next you might ask, page-19
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NDO (ASX) to my watchlist
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online