April 8 (Reuters) - Australian Government Takeovers Panel:
- Investa office fund - tov: iof Investa Office Fund - panel decision
- Satisfied acquisition of control over voting interests in iof was not taking place in efficient, competitive and informed market
- Considered IOMH document did not disclose readily and reasonably interests that manager had when advocating the position adopted
- While consideration of application,concern was raised whether other statements in iomh document were misleading
- Proxy form attached to the IOMH document, although valid, was likely to mislead or confuse iof unit holders
- Panel was not satisfied that these concerns properly formed part of the application
- Was not satisfied that sufficient basis had been established to interfere with voting rights attaching to units in IOF
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Mkt cap ! $7.840B |
Open | High | Low | Value | Volume |
$7.26 | $7.30 | $7.23 | $1.042M | 143.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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17 | 4461 | $7.28 |
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Price($) | Vol. | No. |
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$7.29 | 13284 | 16 |
View Market Depth
No. | Vol. | Price($) |
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20 | 6377 | 7.260 |
17 | 24044 | 7.250 |
12 | 27264 | 7.240 |
12 | 35399 | 7.230 |
12 | 28789 | 7.220 |
Price($) | Vol. | No. |
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7.270 | 2680 | 6 |
7.280 | 10035 | 15 |
7.290 | 8188 | 9 |
7.300 | 18549 | 8 |
7.310 | 20021 | 6 |
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