I am not a lawyer and not an Australian citizen, so take this with a grain of salt:
The short answer to your question is: nothing, because you will not be a shareholder anymore once the company goes private.
In case of a takover bid the bidder intends to acquire all shares (100%). So all shareholders will receive an offer, let's say: 60c. If the bidder manages to acquire 90% of the shares, then he will be able to compulsorily acquire the remaining 10% of the shares. So you will be forced to sell for 60c in case you haven't accepted the offer before and the holder (bidder) has acquired 90%.
I am not a lawyer and not an Australian citizen, so take this...
Add SRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
48.5¢ |
Change
-0.020(3.96%) |
Mkt cap ! $43.76M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 46.0¢ | $11.90K | 24.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1361 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 480 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
|
|||||
|
Last
48.0¢ |
Change
-0.020 ( 5.10 %) |
||||
| Open | High | Low | Volume | ||
| 46.0¢ | 49.5¢ | 46.0¢ | 4265 | ||
| Last updated 15.54pm 03/06/2024 ? | |||||
| SRL (ASX) Chart |