So the current situation is we is RG has 87% and Manipur and User123 combined have at least 7%.
That means there are still 6% of shares with others (people like myself). I was incorrect in my previous post however for RG to get to 90%, then at least 50% of the 6% group will need to sell their shares to RG.
If this occurs then he can acquire the remaining shares forcefully then he will be able to de-list.
Does this sound correct to others that are a bit wiser than me?
IBC, page-19
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Last
80.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $275.4M | |||
| Open | High | Low | Value | Volume |
| 79.0¢ | 80.0¢ | 79.0¢ | $4.089K | 5.163K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 76.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 8900 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PGH (ASX) Chart |