hi recyug,
I was speaking to someone on the weekend about this associate voting thing.
It just seems crazy if associates are not allowed to vote.
What if 99% of shareholders agreed to a takeover (that makes them all associates) and 1% didn't?
By Stones hopeful thinking - only the 1% could vote on material matters?
How dumb is that?
As to Stone making a superior offer before the 31st - wow, possible, but fraught with danger I would have thought.
There is no way they could have done dd in this short space of time even if they had access to the books - and to my thinking (I could be wrong) but I would have thought a bidding war would be a dangerous game.
Also - if Stone come in with a superior offer - isn't that only relevant to shareholders who haven't accepted yet?
Only exception would be if fml extend beyond the month or if a shareholder hasn't accepted yet.
Do I have this last bit correct?
have a great day
Pinto
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Last
14.3¢ |
Change
-0.008(5.00%) |
Mkt cap ! $40.83M |
Open | High | Low | Value | Volume |
14.0¢ | 14.3¢ | 14.0¢ | $47.71K | 340.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 583 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 13428 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 583 | 0.140 |
3 | 104622 | 0.135 |
3 | 90732 | 0.130 |
4 | 118328 | 0.125 |
2 | 12000 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 13428 | 1 |
0.150 | 54554 | 2 |
0.155 | 6500 | 1 |
0.160 | 107300 | 2 |
0.165 | 54753 | 4 |
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