This gives some information regarding delisting also https://www.asx.com.au/documents/rules/gn33_removal_of_entities.pdf
There are different rules for different scenarios, from what I gather you will still have a month after delisting is advised to sell on ASX, you just wont have the price certainty of the offer period though.
Ann: Third Supplementary Target's Statement to Iberdrola Offer, page-35
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$1.13 |
Change
0.130(13.0%) |
Mkt cap ! $135.1M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.22 | $1.13 | $589.9K | 506.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7119 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 10939 | 3 |
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