I believe that is right... each holds pre-emptive rights over the other's interests in the JV (ie a right to match), but not if CVN is taken over at the corporate level.
How has CVN avoided being a takeover target?, page-24
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $330.9M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 17.5¢ | $2.186M | 11.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 986142 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 1259013 | 3 |
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| CVN (ASX) Chart |