OVH 0.00% 43.0¢ onevue holdings limited

Ann: OneVue announces increased all-cash offer by Iress, page-29

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 642 Posts.
    lightbulb Created with Sketch. 87

    Wolvereen - it's 75% of the total of those voting that need to vote FOR the resolution for it to pass.
    There is also a 50% requirement of all shareholders by headcount who vote (not by holding size) to vote FOR the resolution.

    @Carles - assume Thorney get to 20%, this requires 60% of the shareholder register to vote FOR the resolution to neutralise their position.
    As Schmucky posted, that's 60% of the remaining 80% to vote FOR the resolution.

    ~30% (incl Abtourk) are the Board and management. That's half the votes required.

    50% of the shareholder register has turned over since the bid. Assuming that the majority of these buyers are for the arbitrage (Thorney increased their stake a little so remove them), the weight of numbers look supportive for the deal.
 
watchlist Created with Sketch. Add OVH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.