Ann: Change in substantial holding, page-92

  1. 13 Posts.
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    As I understand it, the basic premise of a post-bid compulsory acquisition is that the bidder should be able to acquire any remaining securities on the same terms as that of the bid (i.e. 4.6c per share) on the basis that they've already received overwhelming acceptance.

    So I'm thinking she has to buy at 4.6 cents per share. DYOR
    Last edited by wyldey: 05/10/18
 
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