Fordtin.
I am pretty sure in how the t/o situation & rules
apply.
From memory if a company makes a T/O and it does not
succeed in the time allowed, they then can ask for a
extention, once this extention has been used twice
without success, the Co attempting the T/O can not
aquire any more shares for a twelve month period.
They then can resume the T/O, but I am sure it is
usually at a higher bid, if not successful, then they
can use the extention process again twice if need be.
those extentions are 3 month periods.
Once the 90% threshold is reached they can compulsory
aquire the rest of the shares.
I remember Cleveland Cliffs pursuit of Portman Mining
they finally succeeded after about four years.
The final offer was abouy $13 more p/s in the end
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $17.69M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $133.0K | 12.05M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 921098 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 8671080 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 921098 | 0.011 |
13 | 7240000 | 0.010 |
2 | 1430000 | 0.009 |
3 | 1012500 | 0.008 |
4 | 833706 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 8671080 | 8 |
0.013 | 4099133 | 7 |
0.014 | 6833332 | 4 |
0.015 | 1344179 | 3 |
0.016 | 600712 | 3 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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