I called ASIC today and I was advised in order for compulsory acquisition of a company, they require 90%, then they can buy your shares without your approval at market price. I bought well under .42 so what have I got to lose. Might as well stay in long and strong right? If she attains 90% then buy me at .42. All good ive made money.
- Forums
- ASX - By Stock
- AGO
- Ann: Variation of Takeover Bid
Ann: Variation of Takeover Bid, page-113
-
- There are more pages in this discussion • 145 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)