Sorry, you need to research takeovers more. The 90% acceptance condition does not exist with a Scheme of Arrangement. Once a scheme is passed, it is binding on all shareholders and the transfer of shares to the bidder goes through. I've been playing takeover arbitrages for over 20 years
Ann: Third Quarter FY22 Trading Update, page-24
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Last
$41.56 |
Change
0.170(0.41%) |
Mkt cap ! $9.569B | |||
| Open | High | Low | Value | Volume |
| $41.29 | $41.75 | $41.12 | $18.24M | 440.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1800 | $41.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.62 | 530 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RHC (ASX) Chart |