A2M 0.98% $7.21 the a2 milk company limited

Media Updates, page-12561

  1. 4,139 Posts.
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    I doubt that is what is happening. But I guess JD taking a stake in A2M isn't out of the question given the previous interest way back then.

    In a takeover the bidder usually makes an offer to acquire shares off-market for a price that is equivalent to the current SP + whatever % premium the bidder wants to pay. I think when China Mengniu tookover Bellamy's they paid ~60% premium. By contrast A2M is in way better shape than Bellamy's was financially.

    To my knowledge the bidder needs to reach at least 90% ownership of all shares before they can compulsorily acquire the remainder and complete the acquisition. I think in some circumstances it can be accepted by a shareholder vote (quick) whereas in other cases it is more protracted reaching the 90% mark.
 
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Last
$7.21
Change
0.070(0.98%)
Mkt cap ! $5.143B
Open High Low Value Volume
$7.16 $7.22 $7.07 $11.18M 1.570M

Buyers (Bids)

No. Vol. Price($)
21 6370 $7.20
 

Sellers (Offers)

Price($) Vol. No.
$7.21 2754 8
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