PGH 1.21% 81.5¢ pact group holdings ltd

Ann: Pact Group Holdings Ltd removed from All Ordinaries index, page-4

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  1. 631 Posts.
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    Correct me if I am wrong, even by removal from index, we now know that there are at least 2 buyers, RG and Tic, opposing each other.

    Should it reaches 90%, there will be a forced acquisition and pretty much only to RG. But, if he stucks under the threshold, he will have to make a negotiation with remaining holders to buy out.

    The way I read on Motley and other sources that the removal won't be in effect until next balancing, which is approximately 3 months or 6 months down the road.

    Can anyone correct me if i am wrong here? because until it reaches Ca, I don't intend to sell at all.
 
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