Previously Holy reminded us of the creep provisions, allowing STO to get over the 20% threshold without invoking a takeover bid.
Were STO to do this, and if STO were subsequently takeover by another party, would this trigger the need for a takeover bid for ESG? This sort of thing happened when CFE took over the 'job-lot' from the administrators of CopperCo... CFE were forced to go through the motions of a takeover bid on COV, by virtue of the fact that they ended up acquiring more than 20% of COV...
Appreciate anyone's thoughts on this?
Y
ESG Price at posting:
$1.07 Sentiment: Buy Disclosure: Held