Hey
@McDuff - I don't own ODN but was reading up seeing itz mentioned a lot on DT (am thinking maybe worthwhile getting small holding/still undecided)
I don't think 6% can hold back an acquisition
Shareholding thresholds >
The key shareholding thresholds in an ASX-listed Australian company from a Corporations Act perspective are: ≥5% (obligation to file substantial holding notice), >10% (ability to block compulsory acquisition), >20% (takeovers threshold), >25% (ability to block scheme of arrangement and special resolution), >50% (ability to pass ordinary resolution), ≥75% (ability to pass special resolution) and ≥90% (entitlement to compulsory acquisition).
https://www.allens.com.au/pubs/pdf/ma/takeovers-handbook.pdf
...and numerous times before before being stopped out
