Good find wacky.
I wonder if anyone can explain how the different entities that are linked to J P Morgan can hold a stake larger than %19.99?
(I realize that it is two separate holdings).
Would this not set off the takeover clause?
Obviously it has not as yet, so what are the legal ramifications for a company with multiple holdings within 1 company in Australia if a takeover ever did occur?
My initial thought is that this situation is very unfair.
Cheers for any thoughts and comments.
I am not expecting a T/O of BPT just yet, but just interested in understanding BPTs situation.
statoil takeover - early next year?, page-3
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Last
$1.25 |
Change
0.030(2.46%) |
Mkt cap ! $2.851B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.28 | $1.22 | $15.32M | 12.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 286283 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 39750 | 3 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BPT (ASX) Chart |