AGM australian governance & ethical index fund

zfx has 73pc but i have a question, page-10

  1. 9,328 Posts.
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    I believe the IBR/TMR situation was not compulsory acquisition but rather delisting. TMR took over IBR but had a couple of holdout shareholders with around 15% between them. I understand that TMR made an application for delisting of IBR which was successful. This now means that the minority shareholders have no liquid market for their holdings.
 
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