news today Cleveland have reached the 90% level for compulsory acquisition of remaining Portman Limited shares.
Will they:
a) purchase shares on market to bring Cleveland to the 19.99% level.
b) make a takeover offer for GWR
c) make a partial stake or complete takeover of FAS, which owns 20% of GWR.
d) sell stake in GWR
e) just sit on their 18% stake for a while until market direction can be known.
The Australian reported back in May that Portman/Cl-Cl may be looking to sure up a 30% stake in GWR. This was rejected by both GWR and PMM at the time.
will cleveland cliffs be coming after us
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GWR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.62M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.12pm 03/07/2024 (20 minute delay) ? |
| GWR (ASX) Chart |
Day chart unavailable