rules around a PEP offer are clear. They can acquire up to 3% every six months under the creep provisions, or they can make a takeover offer or propose a scheme of arrangement just like any other bidder.
They would only want to make a bid if they had a high degree of confidence re institutional support for the proposed price.
takeover rumour, page-25
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Last
$1.60 |
Change
0.000(0.00%) |
Mkt cap ! $178.8M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.60 | $1.50 | $122.5K | 78.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 632 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 32432 | 4 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SKS (ASX) Chart |