if this has been an existing substantial shareholder buying up over the last 2 days, they'll now be up over the 20% mark, and obliged to disclose their TO intentions - they could make a TO offer - even with a very substantial premium to recent VWAP - that would still represent a ridiculously low MC. Directors would find it difficult to recommend against if it was say a 50-100% premium on VWAP. A bargain of a copper resource for some shrewd player. Maybe ?
- Forums
- ASX - By Stock
- URL
- major raid on share register
major raid on share register, page-11
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add URL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online