“there is also the "truth in takeovers" provisions to comply with.”
Regal has to be careful with what they did. Regal indicated they will accept STX scrip offer then did a back flip. ASIC and the Takeover Panel should have a look at Regal’s action.
Long time ago, I remember a case when a substantial shareholder said he will not accept the current takeover offer. And was told by ASIC that he cannot accept the offer because of what he said.
Ann: WGO: Strike's Second Supplementary Bidder's Statement, page-79
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $530.0M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.5¢ | $1.194M | 6.650M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 835380 | 14 |
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