I was particularly interested in this ASX rule on delisting:
Some unacceptable reasons why an entity might ask to be removed from the official list include if it is doing so solely or primarily . . . to deny minority security holders a market for their securities in order to coerce them into accepting a current or planned offer from a controlling security holder to buy their securities at an undervalue.
Have we not already been so coerced?
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- Ann: Change in substantial holding from MIN
Ann: Change in substantial holding from MIN, page-66
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