PROPORTIONAL TAKEOVER ?!, page-2

  1. 14 Posts.
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    "A proportional takeover bid may result in controlof the Company changing without shareholdershaving the opportunity to sell all their shares.Shareholders are exposed to the risk of the bidderacquiring control of the Company without paymentof an adequate control premium, that is, for allshares; and the risk of being locked in as a minority.Clauses 80 and 81 allow shareholders to decideby majority whether a proportional takeover bid isacceptable in principle."

    @Raeman Voting at AGM without reading the Explanatory Statement/Notes is a bad idea..
 
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(20min delay)
Last
$2.36
Change
-0.060(2.48%)
Mkt cap ! $777.2M
Open High Low Value Volume
$2.41 $2.41 $2.30 $1.859M 794.4K

Buyers (Bids)

No. Vol. Price($)
1 9921 $2.34
 

Sellers (Offers)

Price($) Vol. No.
$2.36 1939 1
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Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
NXL (ASX) Chart
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