The bidders are certainly playing hard ball. As Taurus plus independent directors were around 11%, they will not know reach the 90% takeover level so there will be no compulsory takeover.
So the independent Directors and Taurus will be locked in as minorities and there would have to be a good chance FND will delist.
Not a great situation for either side.
Ann: TOV: Finders Resources Limited 02 Panel Receives Application, page-6
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 (20min delay)
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Last
$3.90 |
Change
0.060(1.56%) |
Mkt cap ! $237.3M | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.93 | $3.88 | $6.977K | 1.788K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3950 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 1000 | 1 |
View Market Depth
| Last trade - 10.36am 22/07/2025 (20 minute delay) ? |
| FND (ASX) Chart |