You are right gdn. Found this in Takeovers Panel.
creep:
An exception to the takeover prohibition which allows a person to acquire up to a further 3% of a company's issued share capital in any 6 month period. See item 9 of section 611.
This changes the numbers from my earlier post. If you include the additional 300 million shares IMC could gain 48 million in the first 6 months
Management and Value Creation. More to come?, page-31
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HZN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $324.6M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $85.50K | 420.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 1255869 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 817964 | 2 |
View Market Depth
| Last trade - 12.39pm 22/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |