yes they can.
a 3rd party COULD launch a takeover bid for the corporate entity of IXR, without breaching the terms of the MOU.
I am pretty sure that would be correct, because IXR would almost certainly otherwise be in breach of the ASX Rules, and Corps Act.
A takeover party would then deal with the issues of the MOU. They could simply continue with it, or otherwise.
all just IMHO.
Obvious Takeover target now, page-24
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $48.69M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $37.98K | 4.160M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1745509 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 10095547 | 17 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| IXR (ASX) Chart |