rights issues are exempt from the takeover provisions, as are underwritings
So no, they dont need to launch a takeover bid
they then have 3% creep of overall shares per annum
prime media : takeover ......, page-3
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| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39656 | 11.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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