Alex999 I also agreed, the only cases I've seen an ASX stock being bought out it was either entirely by say a hedge fund (so they buy on the market and takeover at a set price). If they get to a certain percentage - I think about 80% it can be delisted but there is no guarantee that any profits end up as dividends. (the might keep it to expand/explore etc).
If the acquire over about 90% I think, they can compulsory acquire the outstanding shares (at I assume the previous bid price).
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $865.7M |
Open | High | Low | Value | Volume |
30.5¢ | 30.8¢ | 30.0¢ | $43.24K | 142.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 376604 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 31924 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 351604 | 0.300 |
6 | 139700 | 0.295 |
10 | 279158 | 0.290 |
2 | 26564 | 0.285 |
5 | 63404 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 31924 | 5 |
0.310 | 88150 | 2 |
0.315 | 82500 | 2 |
0.320 | 161605 | 2 |
0.325 | 248500 | 1 |
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