Alex999 I also agreed, the only cases I've seen an ASX stock being bought out it was either entirely by say a hedge fund (so they buy on the market and takeover at a set price). If they get to a certain percentage - I think about 80% it can be delisted but there is no guarantee that any profits end up as dividends. (the might keep it to expand/explore etc).
If the acquire over about 90% I think, they can compulsory acquire the outstanding shares (at I assume the previous bid price).
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Last
31.0¢ |
Change
0.005(1.64%) |
Mkt cap ! $894.2M |
Open | High | Low | Value | Volume |
30.5¢ | 31.5¢ | 30.0¢ | $232.4K | 756.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 89986 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 4996 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 89986 | 0.305 |
10 | 173459 | 0.300 |
8 | 112157 | 0.295 |
14 | 242249 | 0.290 |
13 | 134389 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 4996 | 1 |
0.315 | 277023 | 8 |
0.320 | 823774 | 14 |
0.325 | 95000 | 3 |
0.330 | 33441 | 3 |
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