CKA
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2.33% 8.4¢ cokal limited

Ann: Fully Underwritten Non-Renounceable Entitlement Offer, page-62

  1. ShareJagger
    12,050 Posts.
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    19/06/19
    18:59
    Post #: 39139185
    Sorry BG as the new guy at ASIC I can tell you that 3% accumulation rule only kicks in AFTER a takeover attempt is made and the acquirer fails to get all the shares. So they accumulate 3% a year until they get to 90% and then compulsorilly acquire the remaining 10%
    CKA Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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