SRL 1.25% 39.5¢ sunrise energy metals limited

CLQ Chart, page-555

  1. 984 Posts.
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    Maybe RF has been made aware of the fact he can exceed the 20% rule

    http://www.takeovers.gov.au/content...provisions_in_australia.htm#acquisition_limit

    There are a number of exceptions to the prohibition in s606, including:
    .an acquisition that results from an acceptance of an offer under a takeover bid (item 1 of s611)
    .an acquisition approved by a resolution of the company in which the acquisition is made (item 7 of s611)
    .acquisitions of no more than 3% in every 6 months (the 3% "creep" exception in item 9 of s611)
    .an acquisition that results from a rights issue (item 10 of s611)
    .a downstream acquisition resulting from an acquisition of relevant interests in another listed entity (item 14 of s611) and
    .acquisitions resulting from a scheme of arrangement (item 17 of s611).

    Would hate to suggest RF is a "creep"
 
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