A 10% stake will block any bid for compulsory acquisition. So RAC will never be compulsorily acquires as long as Dr T says so (for as long as he holds 10%+).
edit: reply to johnb
Large BUY - ex insider/ ex CSO / new consultant - Dr Tillett, page-20
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Last
$1.88 |
Change
0.025(1.35%) |
Mkt cap ! $319.4M | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.89 | $1.85 | $74.38K | 39.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18943 | $1.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 199 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |