I am curious how the takeovers threshold is accommodated in this transaction:
Takeovers threshold
A person cannot acquire a ‘relevant interest’ in a company’s shares if it would result in that person’s or someone else’s ‘voting power’ in the company increasing from 20% or below to more than 20%, or increasing from a starting point that is above 20% and below 90%, unless the acquisition occurs via a specified exception (such as a takeover bid, scheme of arrangement or with target shareholder approval).
Ann: Transformational $10.1M investment into AGC, page-5
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Last
30.0¢ |
Change
-0.015(4.76%) |
Mkt cap ! $72.49M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.5¢ | 29.5¢ | $309.6K | 1.020M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32537 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 67080 | 2 |
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| Last trade - 13.23pm 19/06/2024 (20 minute delay) ? |
| AGC (ASX) Chart |