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Ann: Antisense launches Unmarketable Parcels facility, page-7

  1. George1972
    300 Posts.
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    09/10/23
    20:34
    Post #: 70254019
    @Scenicbumblebee

    The other issue with such a large 25% of shareholders with unmarketable parcels is that under a ‘Scheme of Arrangement” takeover you require 75% of votes cast (shares) and 50% of shareholders.

    Foreign companies often go with a SoA takeover as they have to to through FIRB and other regulatory requirements.

    Many good reasons to clean them up.
    ANP Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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