no you cant take the offer - NCM need something like 80% or 90% of LGL shares for them to issue their shares to LGL shareholders. and i don't LGL shareholders will go for it. not to that extent anyways.
I think you are talking about a compulsory takeover of the remaining shares in which case you need to have acquired 90% of the shares on issue to have a right to purchase the remaining 10% like it or not.
You have the right to sell or trade your shares how you see fit either on market or off its up to you.
So the way I see it I could take this offer if I chose.
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$1.41 |
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Mkt cap ! $172.1M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 923 | $1.41 |
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Price($) | Vol. | No. |
---|---|---|
$1.46 | 14375 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 923 | 1.410 |
1 | 1501 | 1.390 |
3 | 11364 | 1.380 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
1.460 | 14375 | 1 |
1.700 | 5000 | 1 |
1.850 | 1146 | 1 |
1.950 | 400 | 1 |
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