I'm waiting for an answer from a question I asked the ASX on Friday. The question was in regards to the takeover rules. If company A 16% owns of company B and company c an overseas company owns 40% of company B along with company A owning 15% of company C does that means they are in effect over the 20% ownership.
Ray
what happens when they hold more than 50%?, page-4
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Last
1.1¢ |
Change
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Mkt cap ! $18.42M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2074837 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1595413 | 2 |
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| EXT (ASX) Chart |