Holding here, too, Nish. The fundamentals of this company still stand.
There's a couple of things about the Resolutions, such as performance shares: the additional shares will dilute other holders, and give a stronger holding for the Directors. It also can act as a disincentive for a takeover, as others have said- more cash would be involved there. I'm not going to take this as a slight against Directors and their performance- I presume Veremonte (if it was them opposing), have relationships with the Directors, and did their due diligence. I see it as Veremonte protecting their holding- now why would they do that if they don't have an agenda? Most shareholders in other companies don't give a stuff about performance shares and additional options.
Anyway, the Resolutions passed, so we now have Directors receiving performance shares, and I look forward to milestones being reached for those shares to be earned.
- Forums
- ASX - By Stock
- todays meeting
Holding here, too, Nish. The fundamentals of this company still...
-
- There are more pages in this discussion • 2 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 GLA (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.61M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $2.516K | 167.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 273064 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 1600000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3504000 | 0.003 |
11 | 18723023 | 0.002 |
78 | 174254104 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 24203129 | 22 |
0.003 | 45137303 | 25 |
0.004 | 51142630 | 26 |
0.005 | 26167258 | 13 |
0.006 | 18586426 | 15 |
Last trade - 13.22pm 20/11/2024 (20 minute delay) ? |
Featured News
GLA (ASX) Chart |