ASM 0.49% $1.01 australian strategic materials limited

I thought there was a rule about a maximum of 15% additional...

  1. 4,932 Posts.
    lightbulb Created with Sketch. 385
    I thought there was a rule about a maximum of 15% additional shares before you need shareholder approval. Does that make it a maximum of 25 million shares if at say $1.25 that would raise $31m.

    I'm thinking the institutional investor may just be referring to Bell Potter.

    Should now soon, unless there are delays and we go into a suspension.
 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
(20min delay)
Last
$1.01
Change
-0.005(0.49%)
Mkt cap ! $182.4M
Open High Low Value Volume
$1.03 $1.03 $1.01 $153.5K 151.2K

Buyers (Bids)

No. Vol. Price($)
14 74512 $1.01
 

Sellers (Offers)

Price($) Vol. No.
$1.02 6273 6
View Market Depth
Last trade - 12.52pm 13/05/2024 (20 minute delay) ?
Last
$1.02
  Change
-0.005 ( 0.42 %)
Open High Low Volume
$1.02 $1.02 $1.01 49831
Last updated 13.30pm 13/05/2024 ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.