Not surprising at all that they lost the meeting - 4.4% short of reaching a majority. I didn’t think they would be able to make the 50. The turnover of shares in this takeover also died a long time ago, I am not sure where any further acceptances will come from unless something happens on the NME side.
I am sure they know they are stuck as a very significant NME shareholder for now.
Ann: Takeover Bid for NME Extension of Offer Period, page-6
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Last
2.6¢ |
Change
-0.002(7.14%) |
Mkt cap ! $16.70M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.6¢ | $77.34K | 2.843M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1717400 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 35000 | 1 |
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| Last trade - 15.52pm 04/11/2024 (20 minute delay) ? |
| ARI (ASX) Chart |