There is 7 Resolutions in the AGM to vote on. (1- 5 are pretty straight forward)
Please read and understand it and vote, if you actually give a sh!t about your investment.
Ask questions, I am not an expert but there is surely some experienced people here to explain more.
RESOLUTION 1 – RATIFICATION OF ISSUE OF PLACEMENT SHARES ISSUED UNDERLISTING RULE 7.1 Shareholders ratify the issue of 6,900,500 Shares on the terms and conditionsset out in the Explanatory Statement.”
RESOLUTION 2 – RATIFICATION OF ISSUE OF PLACEMENT SHARES ISSUED UNDERLISTING RULE 7.1A Shareholders ratify the issue of 5,099,500 Shares on the terms and conditionsset out in the Explanatory Statement.”
RESOLUTION 3 – ISSUE OF BROKER OPTIONS TO MERCHANT GROUP 1,125,250 Broker Options (eachexercisable at $0.80 on or before the date which is 18 months from grant) toMerchant Group (or its nominees) on the terms and conditions set out in theExplanatory Statement.”
RESOLUTION 4 – ISSUE OF MILESTONE 1 DEFERRED INTRODUCER SHARES (660,000)
RESOLUTION 5 – ISSUE OF TRANCHE 1 WARRANTS TO EIT INNOENERGY (479,519)
RESOLUTION 6 – ISSUE OF PERFORMANCE RIGHTS TO MR GAVIN REZOS approval is given for the Company to issue 3,000,000 Performance Rights toMr Gavin Rezos (or his nominee) on the terms and conditions set out in theExplanatory Statement.”
RESOLUTION 7 – ISSUE OF PERFORMANCE RIGHTS TO DR HORST KREUTER approval is given for the Company to issue 4,500,000 Performance Rights toDr Horst Kreuter (or his nominee) on the terms and conditions set out in theExplanatory Statement.”
Should you wish to discuss the matters in this Notice of Meeting please do not hesitate to contactthe Company Secretary on +61 8 6189 8767.
Basically RES 1&2 are from the CR (12m shares) - used for the studies and further work
Because VUL went over the allowed dilution per 12 months 7.1A had to be used.
RES 3 - Self explanatory
RES 4 - Has been achieved as agreed upon (positive scoping studies within 12 months)
The 24 and 36 month (deferred intro shares) are not up for voting
The Company is not seeking approval for the issue of the Deferred IntroducerShares to be issued on satisfaction of Milestones 2 and 3 at this stage,
RES 5 - Self explanatory
RES 6 - 3 million shares to Rezo
RES 7 - 4.5 million shares to Dr Kreuter
Also below is from July Ann.
Above from Appendix 2A (17th July). 8.8m Performance Shares. 4.25 Performance rights
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There is 7 Resolutions in the AGM to vote on. (1- 5 are pretty...
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Last
$2.87 |
Change
-0.050(1.71%) |
Mkt cap ! $493.8M |
Open | High | Low | Value | Volume |
$2.96 | $2.98 | $2.86 | $1.230M | 426.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 11552 | $2.87 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.90 | 33281 | 6 |
View Market Depth
No. | Vol. | Price($) |
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5 | 11552 | 2.870 |
1 | 9249 | 2.860 |
5 | 11458 | 2.850 |
2 | 5315 | 2.840 |
5 | 18630 | 2.830 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 33281 | 6 |
2.920 | 10000 | 1 |
2.940 | 500 | 1 |
2.950 | 100 | 1 |
2.960 | 3400 | 2 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
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Last
$2.87 |
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Change
-0.050 ( 2.13 %) |
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Open | High | Low | Volume | ||
$2.96 | $2.96 | $2.86 | 30681 | ||
Last updated 16.00pm 28/03/2024 ? |
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