The T/O process could take a few weeks even a couple of months. T/O company and PLS come to an agreement on price - announcement to the market. T/o comp to look at PLS books. Originally conditions would be applied by T/O comp - PLS would have an independent report done to say it is a fair and reasonable price. Other companies could make counter offers. In the end PLS could/would recommend shareholders accept an offer. When/if the T/o comp has enough shares or feels comfortable it could/would drop all conditions . If T/O comp receives 90%+ acceptances they can acquire the rest by compulsory acquiring the rest. A brief summary - may have missed a thing or ten.
The T/O process could take a few weeks even a couple of months....
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Last
$3.94 |
Change
-0.060(1.50%) |
Mkt cap ! $11.85B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $3.98 | $3.92 | $45.64M | 11.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 124367 | $3.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.94 | 285456 | 7 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$3.94 |
Change
-0.060 ( 1.94 %) |
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| Open | High | Low | Volume | ||
| $3.97 | $3.98 | $3.93 | 3821476 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| PLS (ASX) Chart |