On 26 November 2018, under divestment orders by the Takeovers Panel made on 21 November 2018, 12,025,519 Randshares in Tribune Resources Limited were vested in ASIC and sold during the year for total consideration of $45,475,896(net of brokerage and fees). Subsequently, Rand is no longer the registered holder of these shares and has no relevantinterest under section 608(1) of the Corporations Act 2001.
Rand continue to hold 1,135,000 Tribune shares which must be sold by 26 January 2020, unless a longer period isapproved by the ASX.
Is that why TBR is going down? Due to the forced sale of the balance of the Rand shares? If that's the case, some pressure should come off in the next fortnight?
Ann: TBR Commences Proceedings against Northern Star Resources, page-35
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Last
$4.88 |
Change
0.000(0.00%) |
Mkt cap ! $256.0M | |||
| Open | High | Low | Value | Volume |
| $4.83 | $4.98 | $4.83 | $30.45K | 6.238K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10894 | $4.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.98 | 7431 | 1 |
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| Last trade - 15.58pm 04/11/2024 (20 minute delay) ? |
| TBR (ASX) Chart |