Just one remaining question. If they don't make to 90% will they walk, or live with the minorities?
From the offer doc:
(b) Minimum acceptance
At the end of the Offer Period, BC Iron has a Relevant Interest in at least 90% of the IOH
Shares (on a fully diluted basis).
As at 24/9 they were only at 78.09%.
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Last
25.0¢ |
Change
0.005(2.04%) |
Mkt cap ! $721.1M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.5¢ | $285.5K | 1.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1179 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 564215 | 4 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| BCI (ASX) Chart |