Skips 20%
+
Morgan Stanley's 5% (on behalf of who?)
is a 25% blocking stake meaning they can block both phases of the JPower offer. Both the scheme, and the compulsory off market takeover offer threshold.
At the very best, JPower will end up with a large portion of the company but will not solely own GNX.
Hold tight shareholders. Higher offers from Jpower will likely come downhearted line.
Ann: Becoming a substantial holder from MS, page-14
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Last
27.0¢ |
Change
-0.005(1.82%) |
Mkt cap ! $373.9M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 27.0¢ | $255.2K | 944.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 19170600 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 7131181 | 69 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GNX (ASX) Chart |